Ethereum Falls to $1,950, Nearing Trend Research's $1,640 Average Liquidation Price

Ethereum briefly dropped to $1,950 on February 5, down 9.7% over 24 hours, HTX market data show, leaving it about $300 above the $1,640 average liquidation price for Trend Research, an entity linked to D'e Yi Hua. From the afternoon of February 1 through nearly four days, Trend Research sold 188,500 ETH at an average price of $2,263, worth about $426 million, and repaid 385 million USDT to reduce leverage. Its remaining ETH lending positions now have liquidation levels between $1,576 and $1,682, mostly clustered near $1,640, while it still holds 463,000 ETH valued at roughly $998 million, with an average cost of $3,180 and a total loss of $647 million, including $173 million realized and $474 million unrealized, against $625 million in leveraged borrowing.