LD Capital "Not bothered by volatility of hundreds of dollars… will steadily continue buying Ethereum"

Chinese crypto investment firm LD Capital has expressed its intention to make additional purchases of Ethereum (ETH).

Jack Yi, founder of LD Capital, said on the 1st (local time), "On the premise of being optimistic about a large-scale bull market in 2026, (we) will boldly and continuously make additional purchases (of Ethereum)." Earlier, LD Capital began stockpiling Ethereum in November last year through its affiliate Trend Research. Trend Research is reported to have secured approximately 600,000 Ethereum over the past two months.

Founder Jack Yi emphasized, "I do not care about price fluctuations of hundreds of dollars." He said, "(Additional purchases of Ethereum) follow the strategy taken during the period earlier this year when Ethereum's price rose from the $1000s to above the $2000s," adding, "(Stockpiling is) trend investing, and success depends on how well our perception of the future is realized."

Trend Research is reportedly preparing fundraising of US$1 billion (approximately KRW 1.4 trillion) to stockpile Ethereum. In this regard, Jack Yi has said, "With US$1 billion in funds, (we) will buy Ethereum whenever the price falls."

Meanwhile, as of 6:07 p.m. on the day, Ethereum was trading on CoinMarketCap at US$2978.64, up 0.34% from the previous day. Compared with a week ago, it is up 1.79%.