BlockBeats News, February 8th, Du Jun, co-founder of ABCDE, retweeted a screenshot of Li Lin’s circle of friends to clarify. Li Lin stated that he is not affiliated with Yi Li Hua’s Trend Research or the investor behind “BTC OG Insider Whale” agent Garrett Jin, and he did not reduce his holdings of BTC and ETH in this round.
Du Jun further stated that Li Lin’s family office, Avenir Group, is currently the largest holding institution of IBIT under BlackRock in Asia, and the holdings will be updated quarterly in the U.S. Securities and Exchange Commission (SEC) 13F report. Approximately 80% of the held ETH has been staked and will be held long-term. To the best of my knowledge, 95% of the funds are managed by the family office team, without entrusting external institutions or individuals for management.
