LD Capital founder says he is 'all-in' on BTC

JackYi, founder of LD Capital, said on X that he is fully invested in Bitcoin, expecting a rebound to between $85,000 and $90,000. He explained his belief that a significant rebound will follow the market's decline, but added that he does not consider this rebound a trend reversal and has not taken any short positions. It was previously reported that an entity named Trend Research accumulated approximately 790,000 ETH ($2.59 billion) between November of last year and this past February, before selling the entire position on Feb. 7 at a loss of over $700 million.