According to on-chain analyst Ai Yi's monitoring, Trend Research currently holds 618,245.96 tokens $ETH , mainly distributed across six addresses, with a total mortgage of approximately 1.33 billion USD WETH and a total borrowed stablecoin value of 939 million USD. If the ETH price falls to the range of $1,781 - $1,862, without adding margin or reducing positions, liquidation may be triggered.
Specifically, the liquidation price for each address is as follows:
TOP1: Mortgaged 169,891 ETH, borrowed stablecoins worth 258 million USD, liquidation price $1,833.84
TOP2: Mortgaged 175,843 ETH, borrowed stablecoins worth 271 million USD, liquidation price $1,862.02
TOP3: Collateral 108,743 ETH, borrowed stablecoins 163 million USD, liquidation price $1,808.05
TOP4: Collateral 79,510 ETH, borrowed stablecoins 117 million USD, liquidation price $1,781.09
TOP5: Collateral 43,025 ETH, borrowed stablecoins 66.25 million USD, liquidation price $1,855.18
TOP6: Collateral 41,034 ETH, borrowed stablecoins 63.23 million USD, liquidation price $1,856.57
From the data, this wave of liquidation range covers 1781-1862 USD. Once triggered, it may cause short-term market volatility and liquidity tightness. Especially for TOP2 and TOP6 addresses, the liquidation price is close to the current market price, posing a higher risk.
💡 Personal Comment: The leverage operation of Trend Research is quite aggressive, and the short-term $ETH downward risk cannot be ignored. The market may experience a chain liquidation, but it is also an opportunity to buy at low positions. It is crucial to pay attention to the trading volume and capital flow near the liquidation price.
Retail investors are advised to remain cautious and not to blindly chase highs or follow liquidations.
