Ivan on Tech: Short Sellers Enter Most Insane Dumping Phase, $100 Swings Normal

On January 26, Li Hua, founder of Liquid Capital (formerly LD Capital), posted on social media: “Market volatility has been pretty wild these past few days. From our research, short sellers have been dumping like crazy—but that hasn’t dented the overall bullish trend, especially with the U.S. stock market’s sustained strength and the national strategic backdrop for crypto in the U.S. We’re not swayed, and we won’t change our investment strategy. “Our last round of ETH investments netted nearly 2.5x returns. We also navigated ETH dropping from $2800 to $2100 amid the Middle East black swan event—so a few hundred dollars in swings is totally normal. The recent bull market’s been mocked online, too: billions in value swinging overnight, like a roller coaster. But as the saying goes, ‘the rougher the waves, the more precious the fish.’ And there’s no certainty in investing. “Our ongoing strategy: buy the dip, deploy multiple strategies, and accumulate more ETH. Lately, hedge funds have been active in gold and silver—but there will definitely be profit-taking and capital outflows eventually. The crypto industry’s low point will pass, for sure.”