Trend Research reports that the liquidation price for ETH has fallen to the $1575-$1681 range, with accumulated losses exceeding $600 million.

PANews reported on February 5th that, according to AiYi monitoring, Trend Research has lowered its liquidation price to the range of $1575.13 to $1681.94, temporarily alleviating liquidation risk. In the past 8 hours, Trend Research deposited 35,000 ETH into Binance, and since February 1st, it has allegedly sold 191,411.05 ETH, with a total value of approximately $442 million. The average deposit price was $2268, and the estimated loss is $160 million.

Currently, there are still 463,317.55 ETH (approximately $995 million) held on the blockchain, with a floating loss of $442 million and a total loss of $602 million.

According to previous reports, Trend Research transferred another $53.24 million in ETH to Binance, bringing the total to approximately $427 million .

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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