Li Lin, founder of Huobi and Avenir Group, has refuted claims that he or his companies are investors in Trend Micro or Garrett. He also confirmed that neither he nor Avenir reduced their Bitcoin or Ethereum holdings during the recent market downturn. Avenir Group is recognized as the largest institutional holder of a Bitcoin ETF in Asia. The denial comes amid speculation that a major Hong Kong fund was liquidated, allegedly forcing the sale of its Bitcoin positions and contributing to the recent market crash. Li Lin's statement aims to clarify his and his companies' positions in the wake of these market rumors.