According to on-chain analyst Ai Yi, Trend Research, owned by Yi Lihua, has liquidated its ETH holdings in two wallets. In the past 12 hours, it sold a total of 216,075.12 ETH (approximately $411 million), incurring a loss of $259 million. Since February 1st, it has sold a total of 411,075.18 ETH (approximately $850 million), incurring a loss of $422 million. It cut its losses by selling 62.16% of its position (which held 661,000 ETH at its peak). The remaining 247,272.51 ETH are showing a floating loss of $293 million. The total loss is as high as $715 million. The latest liquidation range is between $1430 and $1627, and it is still not safe at present.