From 'Faithful Calls' to 'Public Apologies': Liquid Capital's Leader Trapped in the ETH Downtrend.
Admitting Judgment Errors: On February 2, 2026, Liquid Capital (formerly LD Capital) founder Yi Lihua published a long article on social media. He admitted that based on the logic that 'ETH is severely undervalued', it was a mistake to buy in too early and maintain a bullish outlook when BTC was hitting the $100,000 mark and ETH was hovering around $3,000.
The Situation is Grim: * Profit Withdrawal: Yi Lihua stated that as ETH prices have weakened recently, the profits accumulated during the last bull market have basically been wiped out.
Enormous Pressure: He humorously referred to himself as 'the person with the most pressure in the whole network', indirectly confirming the pressure from rumors that his team holds a large-scale ETH leveraged position.
Positions and Mindset: He emphasized that 'position determines thinking', and although he admits to mistakes, he still chooses to wait for the market to move upwards under the premise of controlling risks. He lamented that investing and trading are extremely difficult, and it is often hard to suppress the instinct to 'always be bullish' when involved in the industry.
Background Review: Previously, in late January, Yi Lihua had repeatedly stated that 'ETH above $1,000 is absolutely safe', and mentioned that Trend Research had increased their holdings by tens of thousands of ETH (approximately $137 million). Today's statement shows that the recent market fluctuations have touched the psychological defense line of his actual holdings.