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💬LD Capital Founder: Approximately $50 billion $ETH short positions may lead to a bear market, Ethereum is expected to reach $3000

LD Capital @LD_Capital The founder, whale JackYi @Jackyi_ld, posted on X about the simplest reason for $ETH bullish: "Currently, the CME short positions are worth $1.3 billion, #AAVE short positions are worth $1 billion, and short positions on various trading platforms are approximately $30 billion. A total of around $50 billion in $ETH short positions will be squeezed, and the bear market may push $ETH to $3000, even $3500 to $4000, which is the core reason for holding bullish options on 100,000 ETH."
Previously reported, LD Capital founder JackYi currently holds a long position on 100,000 $ETH options. LD Capital's Trend Research openly supports $ETH and currently holds 142,000 $ETH with a floating profit of $42.35 million. Trend Research stated that the firm began accumulating $ETH at $1400 and wrote a report at $1800, becoming the first in the network to be bullish.