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
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Tom Lee Predicts ETH ATH at $15,000 as Ethereum Activity Hits Record Levels
Tom Lee predicts ETH ATH at $15,000 and above.
Ethereum network usage activity hits record levels.
This is a bullish signal, a move unseen since 2021 bull run.
As the price of the pioneer crypto asset, Bitcoin (BTC), continues to try and reclaim prices above $70,000, the pioneer
CryptoNewsLand2h ago
ETH/BTC Market Outlook – Analyzing the Potential for a 0.0265 Support Retest
Crypto Market is currently experiencing extreme volatility and the need for a strategic reassessment as investors evaluate the various results of different assets in relation to each other, such as the ETH/BTC pair,
BlockChainReporter3h ago
