PANews reported on February 2nd that on-chain analyst Ai Yi uncovered something notable: Trend Research controls 618,245.96 ETH distributed across six separate addresses. The firm has collateralized $1.33 billion worth of WETH to secure loans totaling $939.00 million in stablecoins. Should ETH tumble into the $1,781.09-$1,862.02 zone, liquidation becomes imminent unless additional margin gets posted or positions are trimmed. Here's the breakdown: their largest position leverages 169,891.00 ETH to back $258.00 million in stablecoins, with liquidation triggered at $1,833.84. Meanwhile, the second position involves 175,843.00 ETH supporting $271.00 million at $1,862.02. Additionally, the third utilizes 108,743.00 ETH for $163.00 million at $1,808.05, while the fourth commits 79,510.00 ETH for $117.00 million at $1,781.09. The fifth locks up 43,025.00 ETH securing $66.25 million at $1,855.18, and finally, the sixth collateralizes 41,034.00 ETH for $63.23 million at $1,856.57.
PANews reported on February 2nd that, according to on-chain analyst Ai Yi, Trend Research's current holdings of 618,245.96 ETH are mainly distributed across six addresses. They have used $1.33 billion worth of WETH as collateral to borrow $939 million worth of stablecoins. A drop to the [$1,781.09 - $1,862.02] range will trigger liquidation (assuming no margin replenishment/position reduction). The following is a breakdown of the liquidation price for each address:
- TOP1 Holdings: Collateralized 169,891 ETH to borrow $258 million in stablecoins, liquidation price $1,833.84
- TOP2 Holdings: Collateralized 175,843 ETH to borrow $271 million in stablecoins, liquidation price $1,862.02
- TOP3 Holdings: Collateralized 108,743 ETH to borrow $163 million in stablecoins, liquidation price $1,808.05
- TOP4 Holdings: Collateralized 79,510 ETH to borrow $117 million in stablecoins, liquidation price $1,781.09
- Top 5 holdings: Collateralized 43,025 ETH to borrow $66.25 million in stablecoins, liquidation price $1,855.18
- TOP5 Holdings: Collateralized 41,034 ETH to borrow $63.23 million in stablecoins, liquidation price $1,856.57
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