Trend Research has closed a loss selling 53,589 ETH ($123 million), and then withdrew 121 million USDT from Binance for repayment. Now their ETH lending position's liquidation price has dropped to around $1,810.
◎Currently holding: 598,000 ETH ($1.33 billion), average cost $3,180.
◎Loss: $613 million (realized loss $47.42 million + unrealized loss $565 million)
◎Remaining leveraged loans: $897 million U
◎Currently holding: 598,000 ETH ($1.33 billion), average cost $3,180.
◎Loss: $613 million (realized loss $47.42 million + unrealized loss $565 million)
◎Remaining leveraged loans: $897 million U
