Not Tom Lee’s BitMine: This Firm Faces Potential $1.33 Billion ETH Liquidation Amid 26% Price Drop
Ethereum whale Trend Research faces a potential $1.33 billion liquidation as ETH prices drop nearly 26% over the past week.Summary
Trend Research, identified as a major Ethereum whale, is nearing a critical liquidation threshold of $1.33 billion due to a recent 26% drop in Ethereum's price, trading around $2,226 at the time of writing. The firm holds 618,246 ETH collateral across six addresses, with liquidation ranges between $1,781.09 and $1,862.02 per ETH if no margin adjustments are made. This situation mirrors the risks faced by Tom Lee’s BitMine. In response to volatility, Trend Research has recently deposited 20,000 ETH into Binance and has been deleveraging, repaying nearly all its debt on Aave, suggesting strategic risk management rather than panic selling. This contrasts with late 2025 when whales aggressively accumulated ETH during dips. The market is watching how these large holders manage leveraged positions amid short-term price stress, though platforms like Aave have shown resilience in handling automated liquidations.
(Source：BeInCrypto)