[PRD News Excerpt] LD Capital: “Unfazed by swings of several hundred dollars… will keep adding to Ethereum”
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Summary
- LD Capital and its affiliate Trend Research said they began ramping up Ethereum (ETH) stockpiling in November last year and have accumulated about 600,000 over the past two months.
- Jack Yi, founder of LD Capital, said that assuming optimism for a major bull market in 2026, he will buy Ethereum more boldly and continuously, remaining unfazed by volatility of several hundred dollars.
- Trend Research is preparing $1 billion in fundraising to stockpile Ethereum, saying it will use the funds to buy Ethereum whenever prices fall.
China-linked crypto investment firm LD Capital has signaled its intention to buy more Ethereum (ETH).
Jack Yi, founder of LD Capital, said on the 1st (local time) that “assuming we are optimistic about a major bull market in 2026, we will add to (Ethereum) boldly and continuously.” Previously, LD Capital stepped up its Ethereum stockpiling in November last year through its affiliate Trend Research. Trend Research is reported to have accumulated about 600,000 ETH over the past two months.
Yi stressed that he “doesn’t care about price fluctuations of a few hundred dollars.” He added that “(the additional Ethereum purchases) follow the strategy we used in the first half of this year as Ethereum rose from the $1,000s to above the $2,000s,” and that “(stockpiling) is trend investing, and success or failure depends on how well our view of the future is realized.”
Trend Research is said to be preparing fundraising of $1 billion (about KRW 1.4 trillion) to stockpile Ethereum. In this regard, Yi has said that “with $1 billion, we will buy Ethereum every time the price drops.”
Meanwhile, as of 6:07 p.m. today, Ethereum is trading at $2,978.64 on CoinMarketCap, up 0.34% from the previous day. Compared with a week ago, it is up 1.79%.
