JackYi, founder of LD Capital: The current market is volatile and it is difficult for both long and short positions to operate. I have unloaded my leverage and am holding spot positions to wait and see.

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On July 17, JackYi, founder of LD Capital, posted on social media that ETH achieved a huge increase, and his prediction of "shorting ETH" made a month ago became a reality. While BTC price remained stable, ETH broke through $3,000 and rushed towards $3,500. With the current market volatility making both long and short positions difficult to operate, he has chosen to unload lending leverage and hold spot, waiting for market developments.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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