What if I had 100 million? Huobi founder solicits secondary market investment opinions, and the bigwigs suggest investing in this way

After announcing that ABCDE Capital would stop new investments and fundraising, Huobi founder Du Jun shifted his focus to the incubator brand Vernal. Besides primary market investment and incubation, the brand will also make long-term secondary market investments based on value logic. Recently, he publicly solicited opinions from the community on Twitter, asking what funds could be allocated in the secondary market with $100 million besides Bitcoin. The post attracted many interesting opinions. @CryptoPainter_X suggested: "Gradually build a position over 6 months by shorting BTC.D, anticipating that with macro liquidity turning loose before 2027, the small-cap cryptocurrency market will see a long-awaited rebound. $100 million is neither too much nor too little, and investing in a few small-cap tokens would impact liquidity and increase costs. It's better to focus on market liquidity deviation and mean reversion (the short-term market risk preference being overly skewed towards BTC). Assuming your LP requires exit in 3 years, this time window should be sufficient." Vida, the founder of Formula News, proposed dividing the funds into four parts: "$30 million in spot SOL, $15 million shorting XRP, and $15 million shorting ETH, betting that SOL will continue to outperform long-term while hedging black swan risks. SOL spot can be staked on Binance as BNSOL, earning 6.6% annual interest." "$5 million allocated to Altcoins issued after 2023 with real income, such as JUP, JTO, COW, ETHFI. $3 million in speculative positions on a basket of smallest market cap tokens listed after 2023 with Binance and Bybit contracts, hoping for market makers to trigger their performance during a bull market." Lastly, he offered a waiting option: "$62 million in fee arbitrage across Binance, OKX, and Bybit using unified accounts, waiting for a better entry point. The best timing would be a moment of despair like November 2022. If the timing is missed, it's not critical, as short hedging positions will grow with token prices, and interest rates will become particularly high." Risk Warning: Cryptocurrency investment carries high risks, with potentially volatile prices. You may lose all your principal. Please carefully assess the risks.