11 hours ago

Huobi Founder Plans Massive $1 Billion Ethereum Fund

TLDR: Huobi founder Li Lin is forming a $1B Ethereum-focused firm to manage long-term ETH treasury operations. The venture targets stronger ETH demand through on-chain accumulation and strategic liquidity management. Bloomberg reported the firm will run independently from Huobi and focus solely on Ethereum assets. Growing Asian institutional interest in Ethereum may accelerate ETH price [...]

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