Yi Lihua's $1 billion leveraged long position is now down $562 million?
Recently, frequently transferring ETH to Binance, and the scale is not small, let's see his self-rescue.
February 5: Transferred another two batches of 25,000 ETH (approximately $53.24 million), totaling 188,588 ETH (worth approximately $427 million), mainly used for selling + repaying loans / reducing leverage.
February 4: Transferred 15,000 ETH (approximately $33.08 million), at that time the total had exceeded 150,000 coins.
February 2-3: Multiple transfers in succession, including 10,000, 20,000, 30,000, and even over 50,000 ETH in a single day, mostly used for stop-loss and reducing positions after the transfer.
Since the beginning of February, the reduction actions have been very intensive, with holdings dropping from a peak of over 660,000 ETH to about 460,000-510,000 now,
The liquidation price has also been lowered to the $1600-1800 range, but the unrealized loss remains huge, estimated at over $400-600 million.
During this wave of ETH's decline, his family is madly engaged in "self-rescue" by reducing positions / repaying debts to avoid liquidation.
Mainly established a leveraged long position in ETH of over $1 billion through Aave by the end of 2025, once becoming a top holder.
Key risk: If ETH drops to $1600-1,800, his position will be fully liquidated.
The main wallet for "holding ETH long leverage" on-chain
0xfaf1358fe6a9fa29a169dfc272b14e709f54840f
I am still shouting on X that ETH has a long-term optimistic outlook,
But the actions are very honest, continuing to transfer ETH into Binance.
Everyone is watching the "death spiral" or "rebirth in flames",
As said in the friend circle: Learning to rest is the most important, it seems to have stabilized for now.
Recently, frequently transferring ETH to Binance, and the scale is not small, let's see his self-rescue.
February 5: Transferred another two batches of 25,000 ETH (approximately $53.24 million), totaling 188,588 ETH (worth approximately $427 million), mainly used for selling + repaying loans / reducing leverage.
February 4: Transferred 15,000 ETH (approximately $33.08 million), at that time the total had exceeded 150,000 coins.
February 2-3: Multiple transfers in succession, including 10,000, 20,000, 30,000, and even over 50,000 ETH in a single day, mostly used for stop-loss and reducing positions after the transfer.
Since the beginning of February, the reduction actions have been very intensive, with holdings dropping from a peak of over 660,000 ETH to about 460,000-510,000 now,
The liquidation price has also been lowered to the $1600-1800 range, but the unrealized loss remains huge, estimated at over $400-600 million.
During this wave of ETH's decline, his family is madly engaged in "self-rescue" by reducing positions / repaying debts to avoid liquidation.
Mainly established a leveraged long position in ETH of over $1 billion through Aave by the end of 2025, once becoming a top holder.
Key risk: If ETH drops to $1600-1,800, his position will be fully liquidated.
The main wallet for "holding ETH long leverage" on-chain
0xfaf1358fe6a9fa29a169dfc272b14e709f54840f
I am still shouting on X that ETH has a long-term optimistic outlook,
But the actions are very honest, continuing to transfer ETH into Binance.
Everyone is watching the "death spiral" or "rebirth in flames",
As said in the friend circle: Learning to rest is the most important, it seems to have stabilized for now.
