Li Hua responded to the ETH sell-off: Use leverage to borrow during the bull market FOMO, hold spot and wait for new opportunities

ChainCatcher news, according to social media information, LD Capital founder Yi Lihua responded to the incident of "Trend Research depositing 17,289 ETH into CEX, worth nearly 53 million dollars" by stating, "During the bull market FOMO, borrow leverage to maintain spot and wait for new opportunities."

Previously, Trend Research under LD Capital increased its ETH holdings with 2x leverage: borrowing about 270 million dollars from Aave to purchase ETH. Their comprehensive cost for ETH is approximately 2,250 dollars, while the current ETH price has reached 3,127 dollars, resulting in an unrealized profit of 160 million dollars on their 182,000 ETH.