Trend ResearchETH Long Positions Ultimately Incurred a Loss of $869 Million

Odaily News According to a post by Arkham on platform X, Trend Research, under Yi Lihua, completed the liquidation of all its ETH positions on Sunday. At the peak of its holdings, the institution had long positions in ETH valued at $2.1 billion; its on-chain accounts are now cleared. Trend Research ultimately incurred a loss of $869 million.