Yihua Li's ETH Reserve Fund, Trend Research, deposited 10,000 ETH into Binance 40 minutes ago, suspected to be liquidating to repay on-chain loans and reduce leverage. Previously, to accumulate more ETH, the bro collateralized some WETH on the Aave lending platform and borrowed stablecoin USDT. Their ETH liquidation price was around $1880. Garrett Jin, who shared the same bullish view, got liquidated early this morning.