Deep Tide TechFlow News, on February 4th, according to on-chain analyst Ember (@EmberCN), Trend Research has reduced its holdings by 153,500 ETH (approximately $352 million) at an average price of $2,294 since the afternoon of February 1st, repaid 266 million USDT to lower leverage.
Currently, the institution still holds 498,000 ETH (about $1.11 billion), with an average cost basis of $3,180. This reduction accounts for approximately 23.5% of its original holdings.
Trend Research’s liquidation price range for multiple Ethereum lending positions is between $1,685 and $1,855, mainly concentrated around $1,800. The total loss for this institution now stands at $605 million (realized loss of $136 million, unrealized loss of $469 million), with remaining leveraged loans of 743 million USDT.
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Trend Research under Yili Hua sold approximately 23.5% of its ETH holdings over two days, and currently still holds 498,000 ETH.
Deep Tide TechFlow News, on February 4th, according to on-chain analyst Ember (@EmberCN), Trend Research has reduced its holdings by 153,500 ETH (approximately $352 million) at an average price of $2,294 since the afternoon of February 1st, repaid 266 million USDT to lower leverage.
Currently, the institution still holds 498,000 ETH (about $1.11 billion), with an average cost basis of $3,180. This reduction accounts for approximately 23.5% of its original holdings.
Trend Research’s liquidation price range for multiple Ethereum lending positions is between $1,685 and $1,855, mainly concentrated around $1,800. The total loss for this institution now stands at $605 million (realized loss of $136 million, unrealized loss of $469 million), with remaining leveraged loans of 743 million USDT.