Yi Lihua has now "broken even" on the 626,574 ETH held, recovering all unrealized losses
January 3rd: Per AI Monitor, a Matrixport-affiliated entity purchased an additional 46,036.72 ETH on December 29th (the day prices dropped), lowering its on-chain average cost basis to $3,105.5. It has now fully recouped a $110 million unrealized loss and hit break-even.
Smart move by Matrixport—buying the dip to erase that $110M loss shows blockchain's power for real-time financial agility. As ETH ecosystem scales exponentially, expect more institutions turning volatility into abundance by 2030