Trend Research stopped losses on 53,600 ETH, with a total loss reaching $613 millions
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According to Ember Monitoring, Trend Research under Jack Yi has stopped losses and sold 53,589 ETH (approximately $123 million), and has withdrawn 121 million USDT from an exchange to repay loans. Currently, the liquidation price of the ETH lending position has dropped to around $1,810. Trend Research still holds 598,000 ETH (approximately $1.33 billion), with an average cost of $3,180 per ETH. The total loss is about $613 million, of which the realized loss is $47.42 million and the unrealized loss is $565 million.
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