Trend Research's recent long position has incurred a loss of $763 million, not only giving back all the previous profits but also losing $448 million of the principal.
BlockBeats News, February 6th, according to on-chain analyst Yu Jin monitoring, Trend Research went long on ETH from $1000 to $2000 last time, sold at $4000 to realize a profit of $315 million. This time, the long position has incurred a loss of $763 million, not only giving back all the previous profits but also losing $448 million of the principal.
Starting from the afternoon of the 1st until now, in 5 days, Trend Research has cumulatively stop-loss sold 255,500 ETH at an average price of $2168 ($554 million), then withdrew 483 million USDT from Binance to repay the debt and deleverage. Now, their multiple ETH lending positions' liquidation prices have dropped to the range of $1509-$1708, mainly around $1560.
· Currently still holding: 396,000 ETH ($754 million), average cost price $3180.
· Loss: $763 million (Realized loss $258 million + Unrealized loss $505 million)
· Outstanding leverage loan: $526 million
You may also like
How to choose between buying discounted ETH, Bitmine, and SharpLink?
Do you want to buy CRCL?
Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity
The most secretive AI winner
Looking at Stripe's ambitions and the future of stablecoins from OUSD
From Pump.fun to Collector Crypt: Has Solana's income throne changed hands?
Dan Bin's latest speech: Don't miss out on a great era
Robinhood launches its own blockchain, no longer wanting to be a tenant on others' chains
Why Tokenized Stocks Are Booming in 2026 While Crypto Is Still Struggling
Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?
MiCA reshuffle begins, Binance temporarily bids farewell to the EU
How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?
Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited
Circle CEO responds to OUSD's challenge: Stablecoins are a winner-takes-all business, and we will not slow down
Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog
WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.
