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#YiLihuaExitsPositions
✨Yi Lihua (founder of Trend Research and former LD Capital investor), a figure closely followed in the cryptocurrency market, has largely liquidated his massive Ethereum long positions. According to data from the on-chain analytics platform Lookonchain and various on-chain tracking accounts, addresses under Yi Lihua's control transferred a very large portion (~96%) of approximately 658,000 ETH to exchanges in recent days. The remaining on-chain assets are only around 21,300 ETH. This move suggests that Yi Lihua has closed almost all of his leveraged Ethereum positions. While estimates of total losses vary slightly across different sources, the generally accepted figure is between $747 and $760 million. Yi Lihua's highly leveraged long positions opened during this cycle were subjected to heavy liquidation pressure as the Ethereum price fell much sharper than expected. Market commentators suggest this exit could be due to several reasons:
The desire to completely eliminate the increased liquidation risk due to high leverage
A strategy of converting to cash and waiting for an opportunity in the next bull cycle
Psychological and capital conservation reflexes
Yi Lihua had previously attracted attention with his highly optimistic statements and large purchases of Ethereum. Therefore, this full exit decision resonated widely in the crypto community, and the hashtag #YiLihuaExitsPositions quickly became a trending topic.
Currently, Yi Lihua's next move is a matter of curiosity. Many are discussing whether he will shift his portfolio entirely to Bitcoin after this loss or whether he will move to a new area.
This event, which once again reminded us how risky leveraged trading can be in crypto markets, has caused many investors to review their risk management strategies.
🤔 Following this move, one of the most talked-about questions in the market is: "Will they now shift their money to Bitcoin?"
✨There's currently no clear signal of a Bitcoin switch, but logically, it's one of the most likely scenarios. This theory would be strengthened if we see large BTC withdrawals or transfers from exchanges to cold wallets in the next 1-2 weeks. The market is very volatile right now; Yi Lihua's next move will be important for both himself and overall crypto sentiment. Following developments on-chain is the healthiest approach. Do you think Yi Lihua will switch entirely to BTC, or will he pursue a different strategy?