Yi Lihua Suffers $747 Million Loss from Leveraged Long Positions in Ethereum

On-chain analyst Ai Yi reported that the '1011 insider whale,' linked to Yi Lihua, transferred 10,000 ETH to a Binance-linked address, then repaid loans and withdrew 55,000 ETH from Aave within 30 minutes. Over the past 12 hours, related movements totaled 20,000 ETH and 69.08 million USDT, valued at approximately $109 million. These transactions follow earlier reports of Yi Lihua’s $747 million losses from leveraged Ethereum positions, intensifying market concerns over large-scale liquidation and asset shifts.

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