TechFlow News, February 4: According to on-chain analyst Yu Jin (@EmberCN), Trend Research has sold a total of 153,500 ETH (approximately $352 million) at an average price of $2,294 since the afternoon of February 1, and repaid $266 million in USDT to reduce leverage.
The firm currently holds 498,000 ETH (approximately $1.11 billion), with an average entry price of $3,180. This reduction represents approximately 23.5% of its original holdings.
The liquidation price ranges for multiple ETH lending positions held by Trend Research fall between $1,685 and $1,855, concentrated primarily around $1,800. The firm’s total unrealized and realized losses currently amount to $605 million ($136 million realized, $469 million unrealized), and its remaining leveraged borrowings stand at $743 million in USDT.
