BlockBeats News, February 5th, according to on-chain data analyst Yu Jin’s monitoring, since the afternoon of February 1st, Trend Research has cumulatively cut its position by 188,500 ETH (approximately $426 million) at an average price of $2,263 over the past four days, repaid $385 million USDT to reduce leverage.
Currently, the liquidation prices for several of its ETH lending positions have dropped to the $1,576 to $1,682 range, mainly concentrated around $1,640.
Current holdings: 463,000 ETH (approximately $998 million), average cost basis $3,180
Losses: $647 million (realized loss of $173 million, unrealized loss of $474 million)
Leverage loans: $625 million
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