Huge loss of $869M, Yilihua leveraged liquidation
The dust has settled, Yilihua TREND RESEARCH's leveraged long position on ETH ultimately resulted in a loss of as much as $869M. They once held a long position in Ethereum worth $2.1 billion. Now, their on-chain accounts have been completely emptied.
Whose money is this huge loss, is it the money of large holders, the money of gentry, or?
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The dust has settled, Yilihua TREND RESEARCH's leveraged long position on ETH ultimately resulted in a loss of as much as $869M. They once held a long position in Ethereum worth $2.1 billion. Now, their on-chain accounts have been completely emptied.
Whose money is this huge loss, is it the money of large holders, the money of gentry, or?
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$