Currently, Trend Research

· Still holding: 396,000 tokens $ETH $754 million), average cost basis $3,180.
· Losses: $763 million (Realized loss of $258 million + unrealized loss of $505 million)
· Leverage borrowings: $526 million U
Liquidation price is between 1500-1750. What will happen if this reaches the liquidation price?
Chain reaction: Yilihua's holdings worth $700 million. When DeFi protocols liquidate large orders, they often experience significant price slippage due to insufficient buy-side support.
Pinning prediction: Based on past whale liquidations (such as the March 2022 3AC liquidation or the FTX event), forced liquidations of this magnitude typically cause an additional 10% - 20% drop within minutes. This means that after reaching the $1500 liquidation threshold$1200 , the price is very likely to form a deep long lower shadow, instantly breaking below $1400, and possibly retesting the $1300 - #加密市场回调 range.
‍