Yi Lihua, founder of Liquid Capital, noted on social media that short sellers are entering a frenzied phase of dumping amid recent market volatility. Despite this, Yi remains optimistic about the overall bullish trend, citing the strength of the U.S. stock market and the government's strategic interest in cryptocurrency. Liquid Capital, which previously achieved a 2.5x return on ETH investments, views fluctuations of a few hundred dollars as normal and continues to accumulate ETH at lower levels. Yi also mentioned that while risk-averse funds are moving to gold and silver, a return to crypto is anticipated as the market stabilizes.
Liquid Capital's Yi Lihua Sees Short Seller Frenzy Amid Market Volatility
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