Lately, social media and crypto boards have been flooded with sensational claims that Alibaba founder Jack Ma is “constructing a strategic Ethereum reserve.” The information quickly took maintain throughout X, YouTube, and crypto influencer channels, with many asserting that Ma’s reported ETH holdings might mark one of many largest company or non-public accumulations of Ethereum in Asia.
However how credible is that this declare, and what do the information really present?
The place Did This Declare Come From?
The declare emerged after a number of viral posts on X round October 13, 2025, from influential accounts like MerlijnTrader & Crypto Rover, claiming that “Jack Ma is constructing a strategic Ethereum reserve.”
These posts rapidly gained traction, citing unnamed sources and market optimism.
Truth Test: What’s Really True?
Jack Ma Agency Bought Ethereum
Yunfeng Monetary, an organization co-founded by Jack Ma and David Yu, confirmed in regulatory filings that it had certainly bought 10,000 Ethereum, value about $44 million—on the open market in early September 2025.
The transfer was described as a part of a strategic Web3 and blockchain funding initiative aimed toward exploring decentralized infrastructure, not particularly for strategic reserve.
No Direct Proof of Private Accumulation
There isn’t a on-chain proof, firm submitting, or public assertion verifying that Jack Ma personally owns or is “constructing a strategic reserve” of Ethereum. Binance posts mentioning “Jack Ma’s Ethereum reserve” seem to interpret Yunfeng Monetary’s acquisition relatively than verify a private one.
Social Media Claims Lack Official Verification
The viral claims originated solely from influencer accounts and Telegram information channels with none corroboration from Alibaba, Ant Group, or Ma’s representatives.
The submit by MerlijnTrader, which first popularized the rumor, included no pockets addresses, institutional confirmations, or official paperwork linking the ETH purchases to Ma personally.
