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Li Lin Clarifies: Not the Beneficiary of Yihan Fang's Trend Research and Garrett Jin
BlockBeats News, February 8th, Huobi's original founder Li Lin clarified in his Moments that he is not the investor behind Yi Lihua's Trend Research and "BTC OG Whale Insider" agent Garrett Jin, and he has never reduced his holdings of BTC and ETH in this round.
Co-founder of ABCDE Alliance Du Jun further stated that Li Lin's family office Avenir Group is currently the largest holding institution in Asia for IBIT under BlackRock, and the holdings are updated quarterly in the U.S. Securities and Exchange Commission (SEC) 13F report. Approximately 80% of the held ETH is staked and held long-term. To the best of my knowledge, 95% of the funds are managed by Li Lin's family office team, without outsourcing to external institutions or individuals.
In addition, Du Jun stated on February 2nd that as part of the industry, there is no reason to ridicule any institution that chooses to be bullish and long.
Recently, Yi Lihua and the "BTC OG Whale Insider" using the same Binance deposit address have sparked intense community discussion, speculating that they share the same investor. Binance deposit addresses are usually user-specific (especially hot deposit addresses used for large amounts frequently) and the probability of two independent institutions using exactly the same deposit address is extremely low under normal circumstances.
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