Liquid Capital Founder 易理华 Urges Crypto Investors to Avoid Leverage
易理华 said a Binance “black swan” event and the Democratic Party’s strong showing had affected digital assets and U.S. AI stocks. He said Coinbase is custodian for about 80% of U.S. Bitcoin and Ether ETFs.

Liquid Capital founder 易理华 urged crypto investors to avoid leverage, saying what he called a Binance “black swan” event and the Democratic Party’s strong showing had affected digital assets and U.S. AI stocks.
In a Nov. 12 post, 易理华 called on investors to adjust their strategies as market conditions change. He cautioned against trying to buy too early during a downturn and said investors should wait for clearer macroeconomic conditions and market confirmation before acting.
The remarks build on his earlier warning that U.S. midterms could bring larger market swings. 易理华 also cited macroeconomic risks and the security of assets held at exchanges. He said people in crypto who remain bullish over the long term should still manage risk and avoid leverage.
易理华 characterized Coinbase as a U.S.-listed compliant trading platform with the largest asset base globally. He said Coinbase is custodian for about 80% of U.S. Bitcoin (BTC) and Ether (ETH) exchange-traded funds.
He also said Coinbase accepts registrations and trading from Asia and could be an option for storing and trading assets.