Trend Research cut 53600 ETH and incurred a total loss of 613 million US dollars

According to Ashes Monitoring, Trend Research, a subsidiary of Jack Yi, has cut losses and sold 53589 ETH (approximately $123 million), and repaid 121 million USDT from Binance. Currently, the liquidation price of ETH lending positions has dropped to around $1810. Trend Research still holds 598000 ETH (approximately $1.33 billion) at an average cost of $3180, with a total loss of approximately $613 million, including a realized loss of $47.42 million and a floating loss of $565 million.