Trend Research's liquidation price has dropped to approximately $1,640, with 188.5K ETH liquidated via stop-loss over the past four days

Odaily News According to disclosures by crypto analyst Yu Jin, since the afternoon of February 1st, Trend Research has liquidated approximately 188,500 ETH via stop-loss over the past four days at an average price of around $2,263, involving approximately $426 million. They have also repaid about $385 million USDT to reduce leverage levels.

After continuous deleveraging, the liquidation prices for several of their ETH lending positions have been lowered to the range of $1,576–$1,682, primarily concentrated around $1,640. Currently, Trend Research still holds approximately 463,000 ETH.