Trend Research closes its Ethereum position, resulting in a final loss of $869 million.

Feb 12, 2026

#Layer1 $ETH +1.25% $ARKM +4.39%

According to Arkham monitoring, Jack Yi's Trend Research closed their last Ethereum$ETH position on Sunday. At its peak, they held $2.10B worth of Ethereum longs, making them the largest $ETH long in Asia.

Now, their on-chain accounts have been completely emptied, with a final profit and loss of -$869.00M.