Yilihua's Trend Research has nearly completed liquidation, with total losses of approximately $734 million

Odaily News According to on-chain analyst Yu Jin's monitoring, as Trend Research has basically completed its liquidation, their final losses on ETH have become clear: losses of approximately $734 million.

1. Entered long positions on 231,000 ETH at an average price of $2,667 and liquidated at an average price of $4,027, resulting in a profit of $315 million.

2. Entered long positions on 651,500 ETH at an average price of $3,180 and liquidated at an average price of $2,053, resulting in a loss of $734 million.

However, according to some reports, although Trend Research suffered huge losses on ETH, the fund as a whole did not lose money; it just gave back most of its previous profits. Their profits from other tokens covered the losses on ETH, such as making profits on WLFI and FORM.