Largest Ethereum (ETH) Long in Asia Is Gone: But On-Chain Data Tells a Different Story
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Trend Research has closed its Ethereum positions, exiting what was Asia's largest ETH long, as reported by Arkham. The firm previously held around $2.1 billion in leveraged ETH positions, using stablecoins as collateral.
Trend Research, the trading firm led by Liquid Capital founder Jack Yi, has fully exited its Ethereum positions, closing out what was once Asia’s largest ETH long, according to on-chain monitoring platform Arkham.
At its peak, Trend Research held approximately $2.1 billion in leveraged Ethereum long positions, accumulated by borrowing stablecoins against ETH collateral.
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Largest Ethereum (ETH) Long in Asia Is Gone: But On-Chain Data Tells a Different Story
Share:
Trend Research has closed its Ethereum positions, exiting what was Asia's largest ETH long, as reported by Arkham. The firm previously held around $2.1 billion in leveraged ETH positions, using stablecoins as collateral.
Trend Research, the trading firm led by Liquid Capital founder Jack Yi, has fully exited its Ethereum positions, closing out what was once Asia’s largest ETH long, according to on-chain monitoring platform Arkham.
At its peak, Trend Research held approximately $2.1 billion in leveraged Ethereum long positions, accumulated by borrowing stablecoins against ETH collateral.
In This News
Coins
Share:
In This News
Coins
Share:
Read More
Goldman Sachs’ Crypto Portfolio: BTC, ETH, XRP, and SOL Holdings Revealed