Trend Research Faces Liquidation at $1,576–1,682; Holds 463,000 ETH with $474M Unrealized Loss

Trend Research lowered its ETH liquidation prices to $1,576–1,682 on Feb. 5, BlockBeats reports citing analyst 余烬. Over the four days since Feb. 1, the firm sold 188,500 ETH at $2,263 and repaid $385M USDT. It now holds 463,000 ETH at an average cost of $3,180, with an unrealized loss of $647M and leveraged debt of $625M.