Not too long ago, social media and crypto boards have been flooded with sensational claims that Alibaba founder Jack Ma is “constructing a strategic Ethereum reserve.” The information rapidly unfold throughout X, YouTube, and crypto influencer channels, with many claiming that Ma’s reported ETH holdings may symbolize certainly one of Asia’s largest company or non-public Ethereum accumulations.
However how dependable is that this declare, and what do the details really present?
The place did this declare come from?
This declare surfaced after a number of viral posts had been posted on X round October 13, 2025 from influential accounts resembling MerlijnTrader and Crypto Rover, claiming that “Jack Ma is constructing a strategic Ethereum reserve.”
These posts rapidly gained traction, citing nameless sources and market optimism.
Reality Test: What is definitely true?
Jack Ma & Co. purchases Ethereum
Yunfeng Monetary, an organization co-founded by Jack Ma and David Yu, acknowledged in a regulatory submitting that it had certainly bought 10,000 Ethereum price roughly $44 million on the open market in early September 2025.
The transfer is described as a part of a strategic Web3 and blockchain funding initiative aimed toward exploring decentralized infrastructure, relatively than particularly for strategic reserves.
There isn’t any direct proof of private accumulation.
There isn’t any on-chain proof, company filings, or public statements proving that Jack Ma personally owns Ethereum or is “constructing a strategic stockpile.” Binance’s publish referring to “Jack Ma’s Ethereum reserves” doesn’t assist a private acquisition, however seems to interpret the acquisition by Yunfeng Monetary.
Social media claims lack official verification
This viral declare got here solely from the influencer’s account and Telegram information channel, with none corroboration from Alibaba, Ant Group, or Mr. Ma’s representatives.
The MerlijnTrader publish that first unfold the rumor didn’t embrace pockets addresses, institutional verification, or official paperwork linking the ETH purchases to MerlijnTrader personally.
