Institutional bottom-fishing secret: After Yilihua added 460,000 ETH to the position, the average cost approaches the current price

On December 29th, ETH’s decline triggered market panic, but for Liquid Capital founder Yi Lihua, this was an important opportunity to increase positions. According to the latest monitoring data, his affiliated institution added 46,036.72 ETH on the day of the drop, significantly lowering the average cost basis to $3,105.5, which is roughly in line with the current ETH price of $3,104.44. This successfully recovered the previous $110 million unrealized loss and brought the position back to break-even. This not only reflects precise market operation but also demonstrates firm confidence in the 2026 bull market forecast.

Cost Control Logic Behind the Position Increase

Precise Timing and Scale Control

Yi Lihua’s recent position increase showcases institutional-level professionalism. Specifically:

Adding to positions at the market’s most pessimistic moment is a common strategy among large institutions, but the key lies in balancing the scale of addition and cost control. An addition of 460,000 ETH is substantial but not enough to excessively dilute the original cost basis. Ultimately, controlling the average cost at $3,105.5, nearly matching the current price, indicates that Yi Lihua’s judgment of the market bottom is quite accurate.

Turning Point from Unrealized Loss to Break-even

The significance of this position increase lies in two shifts:

• Psychological level: From passively bearing unrealized losses to actively deploying, signaling a change in confidence about the market’s future
• Data level: Recovering $110 million unrealized loss effectively lowers the original cost basis
• Strategic level: Not cutting losses but increasing positions to lock in long-term gains

Market Signals and Investment Philosophy

What Large-Scale Actions Represent

Yi Lihua’s position increase conveys several clear market signals:

1. Confirmation of the bottom: Increasing positions during extreme pessimism suggests institutions believe the bottom is near
2. Confidence in 2026: According to related information, Yi Lihua publicly states his firm commitment to continue adding ETH, optimistic about the 2026 bull market
3. Recognition of ETH: Choosing to add ETH among many options reflects confidence in Ethereum’s ecosystem and long-term value

Trend Investing vs. Short-term Speculation

In his remarks, Yi Lihua emphasizes the importance of this point. He believes that such operations shouldn’t be concerned with hundreds of dollars of volatility because this is trend investing; success or failure essentially reflects the realization of future expectations. In other words:

• Short-term traders: Focus on every price fluctuation, frequently adjusting positions
• Trend investors: Focus on long-term directional judgment, adding positions at key moments to lock in gains

Yi Lihua clearly opts for the latter. Under the premise of being optimistic about the 2026 bull market, his position increase is a firm execution of this judgment, not a short-term price speculation.

Current Market Context

Looking at ETH’s recent performance:

• 24-hour increase of 2.53%, 7-day increase of 6.08%
• Market cap of $37.469 billion, accounting for 12.21% of the crypto market
• 24-hour trading volume of $2.174 billion, indicating increased market activity
• Technical indicators show some relief from oversold conditions

These data support the reasonableness of Yi Lihua’s decision to add positions. The market has gradually recovered from extreme pessimism, and the institution’s position increase further reinforces bullish confidence.

Summary

Yi Lihua’s addition of 460,000 ETH and successful breakeven reflect a precise grasp of the market bottom and firm confidence in long-term trends. This is not an ordinary bottom-fishing operation but a strategic position increase by a major institution at a critical moment.

Key points:

• Significance of institutional actions: Large capital increasing positions at the bottom often signals an impending market reversal
• Professional cost control: Average cost approaching current price indicates well-timed position addition
• Trend investment execution: Not swayed by short-term volatility, steadfastly executing long-term judgment
• Confidence in 2026: This operation concretely demonstrates Yi Lihua’s bullish outlook

For investors, this case serves as a reminder: in extremely pessimistic markets, large institutional buying behavior is often an important reference signal. But it’s equally important to clarify your own investment cycle and risk tolerance, rather than blindly following the herd.