Liquid Capital

Bitcoin

2026-10-07 02:17:31

Liquid Capital founder Yi Lihua says Bitcoin key support holds while altcoins see broad pullback

Liquid Capital founder Yi Lihua said in a post that he had repeatedly warned of a possible market pullback in recent weeks. According to his view, Bitcoin has not yet broken a key support level, while altcoins have already entered a broad correction. He also said that about a month ago, he had judged that Bitcoin could face a pullback after rising to around $86,000. Yi described the current move as a normal part of a bull-market structure rather than a break in trend. He added that bull markets do not move higher in a straight line, with most of the period typically marked by choppy trading and only limited windows of rapid upside. Based on that reading, he advised investors not to try to trade constantly or capture every opportunity in the market.

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Yi Lihua

2026-10-06 03:31:09

Liquid Capital founder Yi Lihua flags credibility issues at some crypto projects

Yi Lihua, founder of Liquid Capital, said a still "fatal" problem in the crypto sector is that some projects lack a basic sense of contractual commitment. In his post, he pointed to cases where users deposit BTC but cannot withdraw it, investors have assets deducted at will, or participants are pressured to accept revised terms. He said such conduct creates broad reputational risk for venture capital firms, key opinion leaders, and secondary-market investors rather than harming only one side of the market. Yi added that exchanges should treat a project's credibility as a key factor in their review process. Drawing a comparison with traditional equity markets, he said companies involved in fraud there usually face penalties or delisting rules. He also said he is actively looking for secondary-market projects that are profitable, capable of buybacks, and credible, and invited relevant projects or investors to contact him privately or meet in Singapore in the near term.

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Yi Lihua

2026-10-06 03:04:34

Liquid Capital Founder Yi Lihua Says Project Teams’ Lack of Good Faith Is a Reputation Risk

On Oct. 6, BlockBeats reported that Liquid Capital founder Yi Lihua warned about what he called a "fatal" issue still present in the crypto industry: some project teams lack basic contractual integrity. In his post, he cited cases in which users deposited BTC but were unable to withdraw it, investors had assets deducted at will, or participants were forced to accept revised terms. Yi said such conduct creates broad reputation risk that does not stop with the project itself. In his view, the damage can spread across venture capital firms, key opinion leaders, and secondary-market investors alike. He argued that trading platforms should make a project team’s credibility a core item in their review process. He also drew a comparison with the traditional stock market, where companies involved in fraud typically face penalties or delisting rules. Yi added that he has recently been looking for secondary-market projects that are profitable, capable of conducting buybacks, and have a credible track record. He said related projects or investors are welcome to contact him by direct message or meet in Singapore in the near term.

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Yi Lihua

2026-10-06 02:59:01

Yi Lihua urges exchanges to make project credibility a key listing metric

Liquid Capital founder Yi Lihua said on X that some crypto projects lack what he described as basic contractual integrity, pointing to cases in which users were allegedly unable to withdraw BTC after depositing it, investors had tokens deducted at will, and parties were pressured to revise agreed terms. He said such conduct poses reputational risk across the board for venture capital firms, key opinion leaders, and secondary-market investors. Yi added that exchanges should treat project credibility as a core review factor when assessing listings or other cooperation. He also drew a comparison with traditional equity markets, saying companies involved in fraud typically face penalties or delisting rules. The remarks were reported by Odaily in a short news update.

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Liquid Capita

2026-10-05 04:14:51

Liquid Capital’s Jackyi says four structural problems are driving crypto’s primary market freeze

Jackyi, co-founder of Liquid Capital, used a post on X to lay out what he sees as the four structural reasons behind the deep freeze in crypto’s primary market. His argument centers on a market that has moved from easy fundraising on narrative alone to a harsher cycle of high valuations, expensive exchange listings, and unfavorable token unlock terms. In his view, venture capital firms are now absorbing the downside while other participants get better exit conditions. He identified four main issues: the collapse of narrative-driven investing, a severe supply-demand imbalance as the number of crypto projects has surged, the so-called “1+3 unlock” structure that he said effectively targets VC investors, and the high cost of listing on major centralized exchanges. He argued that projects often need inflated valuations and larger fundraising rounds just to cover listing expenses, with that burden ultimately falling on VC backers. Jackyi also proposed three changes: major exchanges such as Binance should revise their listing filters, the “1+3 unlock” model should be scrapped, and crypto projects should focus on real revenue and shareholder-style returns, including sustainable cash flow and buyback mechanisms. He added that despite the criticism around VC, the primary market remains a key source of crypto innovation.

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Yi Lihua

2026-10-05 02:31:36

Liquid Capital Founder Yi Lihua Lists Four Problems Behind Crypto Primary Market Slump

Yi Lihua, founder of Liquid Capital, said the crypto primary market remains in decline because of four main structural issues. He wrote that traditional narratives built around white papers, institutional endorsements, and inflated total value locked, or TVL, figures are losing their effect. He also pointed to a severe oversupply of projects, saying tens of thousands are competing at the same time, making it much harder for strong teams to stand out. Yihua also argued that the "1+3" token unlock structure is unfavorable to venture capital investors, while the high listing costs at top centralized exchanges, or CEXs, are pushing primary-market projects to seek higher valuations and larger fundraising rounds. In his view, reversing the trend will require coordinated action from leading industry participants. That includes improving listing selection mechanisms at major exchanges such as Binance, scrapping the "1+3" unlock model, and pushing crypto projects back toward real revenue generation and token buybacks so secondary-market investors can better identify quality projects.

300

ChainCatcher

2026-10-05 02:32:25

Liquid Capital founder Yi Lihua says crypto primary market slump stems from broken narratives and token unlock terms

Liquid Capital founder Yi Lihua has outlined what he sees as the main reasons behind the decline of the crypto primary market. In a post cited by ChainCatcher, he said the downturn comes from four pressures: the collapse of old fundraising narratives, a severe supply-demand imbalance as tens of thousands of projects compete for attention, the widely used "1+3" token unlock structure that he said hurts venture capital investors, and the high listing costs tied to major centralized exchanges. Yi also proposed several changes. He said leading industry platforms should shift toward real building, and argued that Binance should improve its token listing selection process. Under the current model, he wrote, even Ethereum from Vitalik Buterin would not have been able to get listed on Binance in its early days. He also called for the complete removal of the "1+3" unlock mechanism, saying VCs take the greatest risk and should not face the worst vesting terms. In addition, he said crypto projects need to return to real revenue generation and buybacks so secondary-market investors can identify stronger projects.

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Yi Lihua

2026-10-05 02:27:21

Liquid Capital founder Yi Lihua lays out four reasons for the crypto primary market slump

Liquid Capital founder Yi Lihua said the crypto primary market has fallen into decline for four main reasons: the collapse of old narratives, an oversupply of projects, the widely criticized "1+3" token unlock structure, and the high cost of listing on major centralized exchanges. In his view, the market no longer responds to the old formula of white papers, institutional endorsements, and inflated TVL figures, while the sheer number of new projects has made it much harder for strong teams to stand out. Yi also argued that the current unlock structure disproportionately hurts venture capital investors by giving projects, market makers, and exchanges a head start. He added that many early-stage projects pursue high valuations and large fundraising rounds largely because listing on leading CEXs can cost an average of $10 million. As for remedies, Yi called on industry leaders to act. He said exchanges such as Binance should improve their listing selection process, argued that the "1+3" unlock model should be scrapped, and said crypto projects need to return to real revenue generation and buybacks so secondary-market investors can identify stronger businesses.

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