Everyone is watching whether Yilihua's 600,000 ETH will be liquidated! Here's the thing: if Ethereum drops to Yilihua's liquidation price at $1800 and gets liquidated, then hundreds of thousands of ETH long positions being closed can instantly cause a drop of ten to twenty points, like a fixed anchor being dropped! If Yilihua doesn't want to be liquidated, the only option is to sell spot assets and cut losses to survive. Currently, the market's liquidity is drying up, and large-scale coin selling is causing panic, which can also cause a drop of about ten points. So, if Ethereum drops to $1800, there will definitely be another big shock coming! The current situation is still ongoing with selling, and the holdings are now less than 500,000!

Techub News reports that, according to Onchain Lens monitoring, after experiencing a complete liquidation, the "CZ counterparty" whale starting with 0x9ee has opened an Ethereum long position with 15x leverage again.