1. As of now, Yihua Yi's coin selling is still ongoing, seems like they're fully unloading the leverage. 2. Yihua Yi's ETH holdings have dropped from a peak of 650,000 ETH to the current 100,000. This ticking bomb has been defused. 3. In the past 18 hours, ETH has endured a concentrated sell-off of 360,000 ETH, yet it has risen to $2090. This shows strong market buying power and a strong intention to recover from the oversold state. As mentioned before, the "overcrowded shorting track" https://(x.com)/Jiangzhuoer2/status/2019425366826447127 is paying the price now. :)