PANews reported on January 3 that, according to on-chain analyst Ai Yi, Yi Lihua's 626,574 ETH have recovered their initial investment. The averaging down strategyPANews reported on January 3 that, according to on-chain analyst Ai Yi, Yi Lihua's 626,574 ETH have recovered their initial investment. The averaging down strategy
Yi Lihua's averaging-down strategy worked; 626,574 ETH have already broken even.
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PANews reported on January 3 that, according to on-chain analyst Ai Yi, Yi Lihua's 626,574 ETH have recovered their initial investment. The averaging down strategy worked, with 46,036.72 ETH added on the day of the price drop on December 29, reducing the average cost of his on-chain holdings to approximately $3,105.5. He has now just recovered the $110 million unrealized loss and reached the break-even point.
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