Yi Lihua plans to invest $1 billion to increase Ethereum holdings, targeting a price of $10,000 and identifying the current price range as an optimal buying opportunity. Market data from Glassnode points to liquidity contraction in the crypto space, with negative net inflows into ETFs since early November. Altcoins face downward pressure due to oversupply and token unlocking, while mainstream cryptocurrencies benefit from spot purchases, amid active derivatives price discovery.