HE’S DOWN $500M .. BUT STILL LONG $1B OF ETH

Jack Yi’s Trend Research is long over $1 Billion of ETH through levered AAVE positions - and as of today they are down $562M on-chain.

Trend Research has deposited $367.8M of ETH into Binance since the start of the month, to try and wind down their positions. Their vault liquidations are estimated to begin at ~$1800 ETH.

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