2025-12-25 09:58:41

Recently, an interesting piece of data has been circulating in the community: Trend Research under LD Capital has been building a large position in ETH since November. Currently, they hold 645,000 ETH, but this move looks a bit painful—an average acquisition cost of around $3,150, which at the current price results in a loss of $143 million.

However, they don't seem to be planning to cut losses; instead, they are continuing to add to their position. LD Capital founder Yi Lihua revealed that they will invest an additional $1 billion to continue building their position, aiming to lower the average cost to around $3,050. The logic behind this move is clear—using phased purchases to average down the cost, betting on a rebound in ETH. From this perspective, they still have confidence in ETH's medium-term trend; otherwise, they wouldn't be so persistent in adding more.

ETH-1.13%

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TokenomicsTinfoilHat

· 4h ago

Starting to build the foundation again? Losing 143 million and still daring to add more, you must be very optimistic about ETH.

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GateUser-addcaaf7

· 14h ago

Bro, this move is pretty aggressive. Still pouring in billions of dollars? Are you really betting on ETH rebounding or just self-hypnosis?

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AirdropHunterKing

· 15h ago

1. Losing 143 million yet still daring to pour another 1 billion? This guy's gambling spirit is really big, either he's rich or he's out of his mind. 2. I've seen too many cases of averaging down; in the end, it just leads to further declines. Good luck to him. 3. Holding 645,000 ETH, his luck is really strong... But on the other hand, this money needs to be used to "shave the wool" until the Year of the Monkey. 4. Truly daring to play, I understand the logic behind this move, but the market won't follow your wishes, brother. 5. Haha, it's the same old story of averaging down. I thought so too back then, but ended up losing even more. Now I just laugh when I see others doing it. 6. Pouring 1 billion in to bring the cost down to 3050? I don't really believe it; it feels like ETH still needs to test the bottom. 7. This brother's mentality is worth learning from; we can't compare. If it were me, I would have cut losses and run long ago. 8. Just betting on a rebound and that's it? Wake up! The entire market is falling now, it's not just your turn to win. 9. Holding so many coins but still floating with a loss of 143 million, just looking at it makes me uncomfortable. If it were me, I wouldn't sleep well. 10. Building positions in batches to average down; I know this trick too well. The key is that there must be a rebound afterward; if not, it's a suicidal move.

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HorizonHunter

· 15h ago

Hmm... $143 million floating loss and still planning to invest another $1 billion, how much confidence does that take? --- Lowering costs is really a gambler's mentality. What to do before ETH rebounds? --- Looking at Yi Li Hua's operation, I can tell the institutional bottom-fishing signal is coming. --- Holding 645,000 ETH without moving, that mental toughness is indeed top-notch. --- The problem is, what if ETH continues to fall? Another $1 billion could be lost in vain. --- This is the so-called "confidence"... Alright, I believe you. --- Building positions in batches to lower costs sounds reasonable, but it's really just throwing more money in, betting on a rebound. --- Already lost $143 million but still willing to add more—either confidence or being forced to double down. --- It's a bit like arguing with the market, adding more and more. If you can win, then win.

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NFT_Therapy

· 15h ago

Buddy, your move is really bold. Losing 143 million and still continuing to buy... --- Average cost is 3150, and you're still adding more. You must be very optimistic about ETH. --- Continuing to invest 1 billion? I'm telling you, if this crashes, it would be outrageous. --- Playing the cost averaging trick skillfully, but I just fear that a rebound is far off. --- Just based on this persistence, I'm almost convinced. --- Losing so much and still continuing, either your brain is waterlogged or you have an information advantage. --- If Yilihua's move succeeds, it'll be hilarious; if it fails... --- Gradually building positions to lower costs is an old trick, but the key is that ETH needs to perform well. --- 64,500,000 coins. How much confidence do you need to keep adding? --- Damn, still adding to a floating loss of 143 million USD? Are you sure you're not just gambling out of frustration?

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AirdropHunterZhang

· 15h ago

Haha, with 143 million yuan, still daring to keep adding, how big is your heart? I understand this move—it's just reinvesting to survive, betting on ETH rebound to break even. But I'm a bit hesitant about averaging down like this; it really tests mental strength. If it can really reach 3050, I’ll be convinced, then I’ll quietly make a fortune. Just worried it might keep falling afterward, then it’s really a zeroing out situation. Actually, from another perspective, they are institutions with this kind of confidence; retail investors really can't afford to play this way. I quite admire their persistence, but the risk is undeniable. Let’s wait and see if it can rebound later; if it rebounds, that’s a genius move, if it falls... then it’s a cautionary tale of cutting leeks.

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Degentleman

· 15h ago

1.43 billion floating loss still dare to add more, how confident must you be in ETH, I am convinced --- Averaging down is really a high-stakes gamble; if it rebounds, you’re a big winner, otherwise... oh dear --- Holding 645,000 coins, it’s uncomfortable but at least it’s all in on faith --- Continuing to pour 1 billion, this guy truly believes or die trying --- From 3150 to 3050, honestly, it’s not that optimistic about the casino scene; otherwise, why lower the cost? --- This move looks pretty ruthless, but it feels like using money to build psychological resilience --- Someone with a floating loss of 1.43 billion who can still keep adding, truly a tough person --- Wait, isn’t this logic reversed? If you’re confident, you wouldn’t be so eager to lower the cost, right? --- Wow, this is the despair of the wealthy

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