🔍 Yi Lihua may have decided to liquidate his entire ETH position after unleveraging, having already transferred 98% of his ETH holdings to CEXs. Yi Lihua's Trend Research has transferred a total of 630,400 ETH (approximately $1.294 billion) to Binance, leaving only 21,300 ETH (approximately $43.94 million) on-chain. 96% of his ETH has already been transferred to trading platforms, far exceeding the amount needed to unleverage, suggesting a high probability that he will liquidate his entire position.