Author: 2898
If you have tens of thousands of US dollars to buy coins, you can go all in, but what if you have 400 million USD?
How should you buy?
If you don't know how to handle your assets, the operations of funds under Yi Li Hua might give you some references.
Article outline:
🧨 The divine operation of bottom-fishing at the most FUD time
🛒 Bottom-fishing should mean buying more as prices drop, in small amounts multiple times.
🤔 Can you guess what their holding cost is?
💼 Securing profits can lead to greater distances
🧾 How to learn bottom-fishing methods from on-chain whales
⚠️ Attention
Address: Mainly analyzing the four addresses under Yi Li Hua
Cost: Tracing back to early 2025, there was a large amount of ETH deposited into Aave; this can be considered long-term holding, so it can only be estimated based on market prices at that time.
Purpose: To see how the big shots operate bottom-fishing.
First, the divine operation of bottom-fishing at the most FUD time 🧨
Address one:
0x8b0e4a56b3bc5ecbbaff8c64b06967c25af1f319
On May 26 at 9:44 PM: Spent 8 million USD to purchase 3100 ETH, deposited into Aave (funds borrowed through Aave)
On May 26 at 9:30 PM: Borrowed 8 million USD from Aave
On April 14 at 3:26 AM: Borrowed 3.8 million USD from Aave, transferred out
On April 14 at 3:25 AM: Spent 6.87 million USD to purchase 4298 ETH, deposited into Aave
On March 27 at 12:14 AM: 366 ETH, deposited into Aave
On March 25 at 3:27 PM: Spent 750,000 USD to purchase 366 ETH
Total:
Principal: 7.62 million USD
Current value: 366 + 4298 + 3100 = 7764 (approximately 21 million USD)
Profit: 13 million USD💰
Everyone should phase their bottom-fishing
Phase one: 4.14 at the most FUD time
Second extreme: 5.26 when the situation became clear, leveraging funds similar to the bottom-fishing time
🤔 Inspiration
1️⃣ Do large funds still prefer Binance? After all, safety comes first.
2️⃣ This address bought a large amount of NEIRO, which is also the reason for the previous research report's recommendation.
The research report released on April 24, continuously buying from May 11 to May 21, is a genuine positive outlook.
3️⃣ The most transactions in the addresses are phishing trades; if you have a large amount of funds, be sure to pay attention to security, cautious and more cautious.
Second, bottom-fishing should mean buying more as prices drop, in small amounts multiple times 🛒
Address two:
0x74ba54e959bbdd45be1e2f48c8032c776d78376c
On May 26 at 9:48 PM: Spent 5.1 million USD to purchase 1964 ETH, deposited into Aave (a certain opportunity to buy ETH)
On May 26 at 9:30 PM: Borrowed 5 million USD from Aave
On April 14 at 3:31 AM: Borrowed 900,000 USD from Aave, transferred out
On March 31 at 12:45 AM: Withdrew 1.18 million USD from Binance, deposited into Aave
On March 24 at 4:26 PM: Spent 2 million USD to purchase 965 ETH, deposited into Aave (ETH price 2081 USD)
On March 24 at 4:03 PM: Borrowed 2 million USD from Aave, deposited into Binance
On March 21 at 9:38 PM: Spent 5 million USD to purchase 2560 ETH, deposited into Aave (ETH price 1953 USD)
On March 21 at 9:05 PM: Borrowed 5 million USD from Aave, deposited into OKX
On March 21 at 9:03 PM: Withdrew 4510 ETH from Binance, deposited into Aave
On August 7, 2024: Borrowed 5 million USD from Aave, deposited into OKX
Total:
Principal: 8.86 million USD
Current value: 4510 + 2560 + 965 + 1964 = 10000 (approximately 27.2 million USD)
Profit: 18.34 million USD 💰
This is an old address that has been in use; tracking back has already reached 2024, so let's not go further.
It is also impossible to calculate when and at what cost the initial 4510 ETH was purchased.
🤔 Inspiration
Compared to the previous address's super divine bottom-fishing operation, this address's operation is more like that of an experienced trader.
I think you are undervaluing me, so I will slowly bottom-fish.
Each time I bottom-fish, I only use a small amount of money: around 5 million USD.
Continuously bottom-fishing, without going all in, always leaving liquid capital.
Third, can you guess what their holding cost is? 🤔
Address:
0xd9cf5e2a699c19a33b4ba7831d9525471e262931
On May 27 at 9:12 PM: Spent 5.07 million USD to purchase 1887 ETH, deposited into Aave (a certain opportunity to buy ETH)
On May 27 at 8:51 PM: Borrowed 5 million USD from Aave (one day later than the previous address, also a DCA)
On April 14 at 2:53 AM: Borrowed 1.3 million USD from Aave, transferred out
On March 24 at 4:26 PM: Borrowed 1.4 million USD from Aave, purchased 674 ETH, deposited into Aave (ETH price 2077 USD)
On March 19 at 7:10 PM: Spent 3.11 million USD to purchase 1513 ETH (ETH price 2055 USD) deposited into Aave
On March 19 at 6:23 PM: Deposited 4058 ETH into Aave (worth 8.33 million)
Total:
Principal: 8.33 million USD
Current value: 4058 + 1513 + 674 + 1887 = 8,132 (approximately 22 million USD)
Profit: 13.67 million USD 💰
This is also an old address, always trading meme coins 😂
It is also impossible to calculate when and at what cost the initial 4058 ETH was purchased.
🤔 Inspiration
It can be seen that their target bottom-fishing point is 2000 USD, and it is not so far from everyone.
I also started bottom-fishing from 2500, at 2000, 1800, 1400, so everyone's cost line is not 1400; everyone must remember this.
Fourth, securing profits can lead to greater distances 💼
Address:
0xf2500b6014dfe916b8e7706434e21b5fb2191a15
7 hours and 58 minutes ago: Transferred out 400,000 USD
7 hours and 59 minutes ago: Transferred out 700,000 USD to Bybit, is it to buy altcoins?
22 hours ago: Withdrew 13 million USD from Binance, joyfully sent 10 million USD to Aave
22 hours and 30 minutes ago: Received 956 ETH
22 hours and 52 minutes ago: Withdrew 5000 ETH from Aave, sold at Binance (13.4 million USD, combined with the subsequent withdrawal, it was all sold)
23 hours ago: Borrowed 3000 ETH from Aave, sold at Binance (8 million USD, repaid after selling at Aave)
On May 28 at 9:12 PM: Borrowed 5.09 million USD, purchased 1900 ETH, deposited into Aave (a certain opportunity to buy ETH)
On May 27 at 6:52 PM: Borrowed 5.04 million USD, purchased 1894 ETH, deposited into Aave (a certain opportunity to buy ETH)
On March 24 at 5:08 PM: Borrowed 1.99 million USD, purchased 957 ETH, deposited into Aave (ETH price 2079)
On March 19 at 10:37 PM: Borrowed 5.07 million USD, purchased 2467 ETH, deposited into Aave (ETH price 2055)
On February 26: Deposited 6922 ETH into Aave (worth 14.23 million)
Total:
Principal: 14.23 million USD
Current value: 6922 + 2467 + 957 + 1894 + 1900 = 14,140 (approximately 38.46 million USD)
Profit: 38.45 million USD
🤔 Inspiration
This address is frequently operated, and everyone can observe this to see its subsequent actions.
Because this address operates frequently, it has been targeted by phishing, flipping several pages all showing phishing trades; safety still needs to be noted.
Fifth, how to learn the bottom-fishing methods from on-chain whales 🧾
From the perspective of four addresses, the overall strategy of the 'Yi Li Hua' team demonstrates a strong ability in capital allocation and risk management. Their bottom-fishing methods have the following core characteristics:
Firmly holding ETH: These four addresses have never sold ETH, only continuously added positions and leveraged. It can be judged that this is their core asset allocation.
Gradually building positions, clear DCA strategy: Whether during the most severe FUD period or after the market reversal, the whales insist on 'buying more as prices drop, in small amounts multiple times', with principal mainly concentrated in the $2000–$2100 range for bottom-fishing.
Leveraging lending to amplify returns: After a large amount of ETH was deposited into Aave, USDC was obtained through lending to buy ETH again. After the market confirmed the rebound, timely closing of positions completed the capital loop.
Diverse operating styles:
Some addresses focus on 'single-point explosion', making precise large purchases;
Others maintain an 'old-school style', gradually building positions;
Some frequently enter and exit, demonstrating strong short-term judgment.
Strong risk control awareness: Each investment amount relative to account size is not aggressive, mostly concentrated in the 5-8 million USD range; multiple addresses have been disturbed by phishing trades, reminding us: safety first, the on-chain is always a hunting ground.
The calls for buying are backed by long-term planning: Although the call was at $1400, on-chain data shows they started positioning at $2000. The separation of public opinion and operations is a common tactic among large players.