Analysis: The high-profile exchange of Ethereum's Bitcoin OG may be related to Trend Research under Yi Li Hua.

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On October 10, according to Lookonchain analysis, the high-profile Bitcoin OG who swapped Ethereum may have connections with Trend Research under Yi Lihua. The evidence is as follows: Wallet 0x52d3 sent 0.1 ETH as gas fees to this Bitcoin OG 8 hours ago, and subsequently deposited 1.31 million USDC into Trend Research's CEX deposit address. Today's news indicates that this Bitcoin OG has increased its short positions to 3,600 BTC (438 million USD), currently experiencing unrealized losses of 3.66 million USD. The liquidation price is 139,900 USD.

ETH-0.88%
BTC-0.98%
USDC-0.02%
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