Trend Research still holds 498000 ETH with a floating loss of $605 million

On chain analyst Yu Jin's monitoring shows that Trend Research has reduced its position by 153500 ETH, worth $352 million, at an average price of $2294 in the past two days, and repaid $266 million in USDT to reduce leverage. At present, the clearing price range for multiple ETH lending positions is between $1685 and $1855, mainly concentrated at $1800. Trend Research currently holds 498000 ETH worth $1.11 billion, with an average cost of $3180 and a cumulative loss of $605 million, including realized losses of $136 million and unrealized losses of $469 million. The balance of leveraged loans is $743 million USDT.