Trend Research Incurs $869 Million Loss After Ethereum Liquidation

Trend Research Incurs $869 Million Loss After Ethereum Liquidation

Arkham’s latest update confirms Trend Research’s complete exit from Ethereum after liquidating $2.1 billion in holdings, resulting in an $869 million loss.

ETH

Summary

Trend Research has liquidated all Ethereum positions, incurring an $869 million loss from a peak $2.1 billion long holding. Arkham’s Sunday report on X detailed that all associated on-chain accounts are now emptied, marking the firm’s total withdrawal from Ethereum investments.

Terms & Concepts
  • ETH: The native cryptocurrency of the Ethereum blockchain, used for transactions, smart contracts, and decentralized applications.
  • Long Position: An investment strategy where a trader buys an asset expecting its value to increase over time.
  • On-chain Accounts: Blockchain-based wallet addresses that store and manage cryptocurrency transactions in public ledgers.