Just now, Boss Yi admitted his mistake in words. In the last round, profits were given back, and there is still a certain degree of leverage. Where is the specific liquidation position?

The Binance SAFU fund wallet has started authorizing U to be withdrawn. Is it time to buy the first batch this week?

Let's take stock. Currently, the cryptocurrency market continues to decline on Monday, and $ETH is obviously weaker, dropping almost 7%-8% every day, and it's a straight-line decline. From the 4-hour chart, it's clearer. ETH has slid from about 3100 to 2200 in the past two weeks, with a very exaggerated drop.

The reason the market is smashing ETH so fiercely is a core speculation that funds are rushing to the chain on #易理华 for a large position. His position exceeds 2 billion USD, with a liquidation price around 1880. At the current rate of decline, it may approach this position by Wednesday or Thursday, so he has to add margin to reduce his position and save himself.

Currently, he has already sold 33,000 pieces of $ETH to cut losses, realizing a loss of about 27 million, while there is still about 500 million USD of unrealized floating loss.

For him, the most critical question is whether to be liquidated or endure?

Not being liquidated may lead to a loss of around 500 million. Depending on past profits or repaying debts over a few years, he can still gradually pay it back. But once liquidated, the loss could directly reach 1 billion, and at this level, it's basically very hard to fill the hole. Moreover, the money is likely not his personal funds but that of the fund investors, and the subsequent pressure for accountability will be very high.

So now it depends on whether he can hold on until reaching the other side. However, historical experience tells us that large whales stubbornly holding positions often end up facing liquidation; holding positions is ultimately not a good thing.

If the impact of publicly disclosed orders on mentality is 1, the impact of fully transparent real transactions on mentality is 10, and the flow premium earned does not affect.

Trading itself is a matter that tests mentality. A poor mentality can easily lead to losses. Going public will bring a lot of unnecessary commentary interference; if you make money, you'll receive some admiration and some jealousy hoping for your loss. If you lose, you’ll face ridicule and some people kicking you while you’re down, as well as pressure on what to do next.