PANews reported on February 2nd that, according to on-chain analyst Ember, Trend Research has stopped its losses by selling 53,589 ETH (worth $123 million) and then withdrawing 121 million USDT from Binance for repayment. Its ETH lending position liquidation price has now dropped to around $1,810.

• Current holdings: 598,000 ETH ($1.33 billion), with an average cost of $3,180.
• Loss: $613 million (realized loss of $47.42 million + unrealized loss of $565 million)
• There are also leveraged loans: $897 million.