Trend Research currently still holds 1.11 billion USD worth of ETH, with an unrealized loss of 605 million USD.

ETH-0,89%

Odaily Planet Daily reports that on-chain analyst Yu Jin monitored that Trend Research has cut its position by 153,500 ETH over the past two days at an average price of $2,294, with a loss cut of $52.9 million, and repaid $266 million USDT to reduce leverage. Currently, the liquidation price range for several ETH lending positions of Trend Research is between $1,685 and $1,855, mainly concentrated around $1,800.

Trend Research still holds 498,000 ETH, valued at $1.11 billion, with an average cost of $3,180. The total loss has reached $605 million, including realized losses of $136 million and unrealized losses of $469 million. There is still $743 million USDT in leveraged loans.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
SiYuvip
· 02-04 00:59
New Year Wealth Explosion 🤑
View OriginalReply0