Trend Research, a subsidiary of Yi Lihua, has deposited 145,000 ETH into CEX in the past three days, and expects to make over $300 million in ETH this round.

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According to Odaily Odaily, chain data analyst Yu Jin Monitoring reported that Yi Lihua's Trend Research deposited 145,000 ETH (worth $654 million) into CEX over the past three days. Currently, only 7,163 ETH remain in its on-chain address. A rough estimate suggests the firm has made a profit of $303 million on ETH this round. The specific operation path is as follows:

1) 182,000 ETH was accumulated at a low price of around $2,250 from April to June;

2) After ETH broke through $3,000 in July, 74,000 ETH was sold to take profits;

3) In September, 43,000 ETH was purchased at a price of approximately $4,422;

4) In October, 145,000 ETH were transferred to Binance at an average price of US$4,489, and the position has basically been cleared.

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