On-chain (blockchain data-based) analyst: Yi Lihua holds 626,574 Ether at ~$3,105.5 — Break-even achieved

On-chain (blockchain data-based) analyst: Yi Lihua holds 626,574 Ether at ~$3,105.5 — Break-even achieved

Yi Lihua’s December 29 Ether purchase reduced the average cost and eliminated $110 million in unrealized losses, signaling a strategic recovery to break-even.

ETH

Fact Check
The evidence strongly supports the truthfulness of the statement. The claim is highly specific, detailing an exact amount of Ether (626,574) and a precise average cost basis ($3,105.5), which is characteristic of data derived from on-chain analysis. The provided sources point to Lookonchain, a reputable on-chain analytics platform, as the likely origin of this data. A feed post on the CoinEx exchange explicitly cites 'lookonchain monitoring' while reporting a large ETH acquisition by Yi Lihua, reinforcing Lookonchain's role as the primary source.The most critical piece of corroborating evidence comes from a KuCoin news flash, which states Yi Lihua holds '$1.78 billion worth of ETH'. A calculation based on the claim's figures (626,574 ETH * $3,105.5) results in a total cost basis of approximately $1.95 billion. The discrepancy between the calculated cost basis ($1.95B) and the reported market value ($1.78B) is not a contradiction; rather, it's a plausible scenario reflecting market fluctuations where the current value of an asset is below its average purchase price. The figures are in the same order of magnitude, which lends credibility to the claim.Furthermore, multiple other sources from platforms like Phemex and Binance Square, while not providing specific numbers, consistently report that Yi Lihua has been actively increasing his Ethereum holdings. This creates a cohesive narrative of accumulation that aligns perfectly with the specifics of the claim. There is no contradictory evidence among the provided sources. The convergence of specific data from a credible primary source, strong corroboration from a financial report, and general confirmation from multiple other platforms makes the statement very likely to be true.
Summary

On-chain analyst Ai Yi confirmed that Yi Lihua’s Ether holdings stand at 626,574 ETH with an average cost of $3,105.5 after acquiring 46,036.72 ETH on December 29. This reduced the average buy price from roughly $3,150 and offset a $110 million unrealized loss, bringing the position to break-even.

Terms & Concepts
  • On-chain analysis: Reviewing blockchain transaction data directly recorded on a public ledger.
  • Ether (ETH): The native cryptocurrency of the Ethereum network, used for fees and transfers.
  • Unrealized loss: A paper loss on holdings not yet sold; the value can change until sold.