On-chain tracking and analytics platform Arkham confirmed that Trend Research, managed by Yi Lihua, actually incurred a total loss of $869 million in this round of losses due to buying ETH or using leverage to long on ETH. The actual loss was $869 million! They once held a $2.1 billion long position in ETH, which ended with a stop-loss long last Sunday.
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Arkham
@arkham
TREND RESEARCH FINAL PNL: -$869M
Jack Yi’s Trend Research finished closing out their final ETH positions on Sunday. At their peak, they were long $2.1B of ETH. Now, their on-chain accounts are completely empty.
Their final PnL is -$869M.




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