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LD Capital Founder: Amid Intense Market Volatility, Has Deleveraged and Is Holding Spot Positions on the Sidelines
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On July 17, LD Capital founder JackYi posted on social media, stating that ETH has achieved a significant surge, and his prediction a month ago to "short squeeze ETH" has come true. While BTC's price remained flat, ETH broke through $3,000 and quickly approached $3,500. The current market is highly volatile, making both long and short positions difficult to manage. He has chosen to unwind leveraged loans, hold spot positions, and patiently wait for further market developments.
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