Analyst: Yi Lihua's 626,574 ETH Has Broken Even

According to on-chain analyst Ai Yi, Yi Lihua's 626,574 ETH has broken even. The strategy of averaging down proved effective. On the day of the December 29th decline, an additional 46,036.72 ETH was purchased, lowering the average on-chain holding cost to approximately $3,105.5. This move has now just recouped the $110 million floating loss, bringing the position back to the break-even point.