Ethereum whale Yi Li Hua stated that he remains bullish:
🗓️ As a bull in this round, we are still optimistic about the performance of the new bull market: ETH reaching above 10,000, BTC exceeding 200,000 USD. We have made some adjustments to control risk, but our expectations for the future bull market have not changed. I know everyone is disappointed with the industry and the leaders, especially after the 1011 event which caused liquidity shortages and manipulation by some platforms, but I believe the long-term trend in the cryptocurrency space remains unchanged. Now is definitely the best buying period for spot purchases, based on the investment returns expected over the next three years. Volatility is the biggest characteristic of the cryptocurrency space; throughout history, countless bulls have been thrown off by this volatility, but often the subsequent rebounds are doubled.
🗓️ Second piece of news: Ethereum treasury company @BitMNR (BMNR) continues to buy ETH in hopes of lowering the average price: 20 minutes ago bought 20,000 ETH ($46.04 million). $ETH
