BlockBeats News, February 8th, Liquid Capital (formerly LD Capital) founder Daniel Li posted after Liquid Capital's Trend Research completely cleared its ETH holdings today, stating, "First of all, we acknowledge that the market cycle is still valid. In a new stage where the US stock market is strong and both Decentralized Autonomous Treasury (DAT) and ETF coexist, the consensus in the crypto circle has not been broken, coupled with a market that is easily manipulated. However, looking at it the other way around, entering a bear market in the crypto circle is also the best opportunity for layout, just as in the previous round we harvested during a bear market. The future is very bright, still optimistic about the next round of bull market opportunities in the industry, and will continue to work hard on building. The pessimists are correct, the optimists win."
Today, Daniel Li's Trend Research completely cleared its ETH holdings, with a total loss of approximately $688 million in this round.
