LD Capital founder Jack Yee has consistently expressed optimism about Ethereum ($ETH) Despite the decline that started in October, it wasn’t until early February that we finally gave up hope. $ETH.
Yee said he was one of the people who felt the most pressure during the early February sell-off and admitted he was wrong to be prematurely optimistic about Ethereum.
Now, LD Capital founder Jack Yee has said that he has fully invested after investing in Ethereum.
In a post from his X account, JackYi said all his money was invested, but he did not say what it was invested in.
Yi also shared his predictions for Bitcoin (BTC), adding that he expects it to recover between $85,000 and $90,000.
Mr. Yee said that although there have been many declines in the market, he believes there will be a significant recovery afterwards. However, he did not consider this recovery to be a trend reversal and did not take any short positions.
It was previously reported that an organization called Trend Research had amassed approximately $790,000. $ETH ($2.59 billion) between November last year and February this year, and sold the entire position on February 7, incurring a loss of more than $700 million.
*This is not investment advice.
