According to ChainCatcher, on-chain analyst Yu Jin monitored that Trend Research reduced its ETH holdings by 153,500 ETH (worth $352 million) over the past two days at an average price of $2,294, and repaid 266 million USDT to reduce leverage. Currently, the liquidation price range for multiple ETH lending positions held by Trend Research is between $1,685 and $1,855, mainly concentrated around $1,800.
Trend Research currently holds 498,000 ETH, valued at $1.11 billion, with an average cost of $3,180. Cumulative losses amount to $605 million, including $136 million in realized losses and $469 million in unrealized losses. There are currently 743 million USDT in leveraged debt.
