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Hua Zi has opened a short position!
But our strategy has been posting a bullish trend at the Binance Square for 3 consecutive days 😹




11 hours ago
That man, he said if he doesn't love, then he doesn't love 🙂↕️🙂↕️
This morning, according to EmberCN monitoring, a wallet suspected to be associated with Yi Lihua @Jackyi_ld's Trend Research borrowed ETH through Aave and transferred it to Binance, shorting 27,000 ETH, worth about $57.11 million.
Yi Lihua is known for calling out ETH and personally making heavy long positions. From last year to the beginning of this year, he entered a long position on about 658,100 ETH at an average price of around $3,104, and on February 8, he liquidated at an average price of about $2,058, incurring a loss of about $688 million.
On March 10, Yi Lihua also made a comeback and posted again, "The speed of AI development and anxiety is terrifying, returning to the crypto industry with our original intention, first, ETH below 2000 is a bottom-fishing opportunity, both short-term and long-term have a high win rate, secondly, according to cycle theory, this year is also a great bottom opportunity, suitable for us to prepare a new fund and platform."
It could also be a difference in cycles; we are looking at a short cycle, while he might be bearish in the long term? That would ruin it, directly shorting his own industry.
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