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TechFlow reports that on February 11, Arkham officially released statistics showing that Trend Research, led by Yi Lihua, incurred a final loss of $869 million after liquidating its entire Ethereum long position last Sunday. At its peak, Trend Research held an Ethereum long position valued at $2.1 billion; its on-chain accounts are now completely empty.
Arkham officially released statistics showing that Trend Research, led by Yi Lihua, incurred a final loss of $869 million after liquidating its Ethereum position last Sunday. At its peak, the firm held a long Ethereum position worth $2.1 billion; its on-chain accounts are now completely empty.
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