On March 13, a wallet seemingly associated with Yi Lihui's Trend Research borrowed ETH from Aave this morning and transferred it to Binance, shorting 27,000 ETH worth approximately $57.11 million.

Yi Lihui is known for calling ETH and personally entering into large long positions. From last year through early this year, he entered with approximately 310.4 million ETH at an average price of around $3,104, and liquidated his position on February 8 at an average price of around $2,058, resulting in a loss of approximately $688 million. When Trend Research conducted its liquidation on February 6, Yi Lihui appeared near Causeway Bay in Hong Kong that afternoon and stayed until around 10 PM before leaving. At that time, Yi Lihui showed no signs of distress.

On March 10, Yi Lihui posted again to call ETH: "The development speed of AI and the anxiety/terror are so extreme. Not forgetting our original intention, let's return to the crypto industry. First, ETH below $2,000 is an opportunity to buy the dip with high win rates for both short-term and long-term trades. Second, according to cycle theory, this year is also a major bottom opportunity, suitable for us to prepare new funds and platforms."