Yi Lihua: ETH is being heavily short by multiple platforms and institutions, and a short squeeze may occur after November.

On November 26th, Yi Lihua, founder of Liquid Capital (formerly LD Capital), posted on social media: "WLFI has bucked the trend and surged 50% in the past few days. This is due to three factors: first, a positive outlook on the USD1 stablecoin sector and its prospects; second, the WLFI team's continuous investment and buybacks; and third, the overall market and US stocks are also rebounding. Research data shows that ETH has been heavily short by multiple platforms and institutions. I believe that after weathering the most difficult November, a short squeeze may follow. Compared to ETH four years ago, with a completely different level of favorable environment for stablecoins/ETFs/DAT/policies, the price of ETH is severely undervalued."