LD Capital Founder Sells ETH Amid Macroeconomic Concerns

17 July, 2025, 09:29 AM

## LD Capital Founder Cites Macro Uncertainty in ETH Sale Jack Yi, the founder of LD Capital, has announced the sale of a portion of his Ethereum (ETH) holdings. Citing increasing macroeconomic uncertainty, Yi revealed his decision via X, noting that ETH's recent 50% surge had reached his target price. ## Taking Profits After Ethereum Rally "ETH has risen more than 50% in a short period and has reached its target," Yi stated. "I plan to take a break for a while and then look for trading opportunities again." ## Long-Term Bullish Outlook Remains Despite the sale, Yi maintains a positive long-term outlook on the cryptocurrency market. He emphasized his belief that the overall bullish trend remains intact. Data indicates that Trend Research, under LD Capital, deposited 22,289 ETH, valued at $68.55 million, into exchanges. This move signals a strategic shift in portfolio allocation amidst current market conditions. ```