Yilihua has closed 2/31 of his ETH leveraged positions. Currently, Yilihua is still selling coins, and some U tokens have not yet been transferred back on-chain or borrowed. The total borrowing is expected to decrease further, likely aiming to lower the liquidation line to around 1500. 2. Yilihua's ETH holdings have decreased from a peak of 650,000 ETH to the current 240,000, reducing by two-thirds, and this bomb has been largely defused. 3. In the past 13 hours, ETH has experienced a concentrated reduction of 220,000 ETH, and it still remains around the 1900 level, indicating strong market buying pressure and a clear intention to recover from oversold conditions.
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Yilihua has closed 2/31 of his ETH leveraged positions. Currently, Yilihua is still selling coins, and some U tokens have not yet been transferred back on-chain or borrowed. The total borrowing is expected to decrease further, likely aiming to lower the liquidation line to around 1500. 2. Yilihua's ETH holdings have decreased from a peak of 650,000 ETH to the current 240,000, reducing by two-thirds, and this bomb has been largely defused. 3. In the past 13 hours, ETH has experienced a concentrated reduction of 220,000 ETH, and it still remains around the 1900 level, indicating strong market buying pressure and a clear intention to recover from oversold conditions.