Trade
Basic
Futures
Futures
Hundreds of contracts settled in USDT or BTC
TradFi
Gold
Trade global traditional assets with USDT in one place
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Participate in events to win generous rewards
Demo Trading
Use virtual funds to experience risk-free trading
Earn
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
New
No forced liquidation before maturity, worry-free leveraged gains
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
More
Trending Topics
View More193.22K Popularity
50.38K Popularity
19.76K Popularity
8.39K Popularity
3.83K Popularity
Pin
#YiLihuaExitsPositions The End of an Era: Yi Lihua’s $700M Lesson 📉 #YiLihuaExitsPositions
The crypto world is reeling after on-chain data confirmed that veteran investor Yi Lihua has officially "emptied his pockets." Once holding over 600,000 ETH, Lihua’s Trend Research fund was caught in a passive death spiral due to high-leverage "looping" on Aave.
The Breakdown:
The Mistake: Using ETH as collateral to borrow stablecoins and buy more ETH. When ETH dropped from its highs, his "health factor" collapsed.
The Exit: Over the last week, he liquidated his final 400,000 ETH to repay debts, realizing a staggering $700 million loss.
Market Impact: While the selling pressure was heavy, many believe this "whale washout" is the final capitulation needed for a true market bottom.
Leverage is a double-edged sword. Even the OGs aren't immune to the cycle. 🛡️
#ETH #CryptoNews #Ethereum #YiLihua