#易理华疑似转空2.7万枚ETH This short position is not Yili Hua's first major adjustment of holdings; rather, it resembles a strategic pivot after significant losses. From 2025 to early 2026, Yili Hua heavily longed 658,100 ETH at an average price of about $3,104, confidently declaring that "any ETH below $2,000 is a buying opportunity," and was regarded by the market as the "ETH Bull Commander." However, in February 2026, as ETH prices continued to decline, he was forced to liquidate all his positions at an average price of $2,058, resulting in a total loss of approximately $688 million, wiping out all previous profits and incurring capital losses exceeding $400 million.



Even more dramatic is that just three days before the short position (March 10), Yili Hua publicly reaffirmed ETH's long-term value, stating "AI is restructuring the crypto industry, ETH below $2,000 has high success rates for both long and short positions," and pledged to continue contributing to the development of the Ethereum ecosystem. In just a few days, he shifted from being a "die-hard bull" to a "leveraged short," and the stark contrast between his words and actions has the market exclaiming, "faith has collapsed."

Looking at today's market, sometimes you just have to admire these big players 😂
ETH6.39%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
LuYongvip
· 1h ago
Ethereum is really a love-hate relationship - too many people have taken a hit on it.
View OriginalReply0
  • Pin