Over the past 24 hours, Yi continued to cut losses and reduce leverage. The total amount of borrowing on Aave has now dropped to $793 million, the total amount of staked ETH has decreased to 533,000, and the average liquidation price has dropped to $1792, a decrease of over $100 from the previous liquidation price of over $1900. Yi is now what he calls a major short seller, specifically a major short seller in the spot market.