Ethereum is only about $300 away from Yi Lihua's average liquidation price of $1,640, briefly dropping to $1,950.

BlockBeats News, February 5, according to market data from a certain exchange, Ethereum briefly dropped to $1,950, with a 24-hour decline of 9.7%. This is only about $300 away from the average liquidation price of $1,640 for Ethereum held by Trend Research under Yilihua.

Starting from the afternoon of February 1, Trend Research has cumulatively reduced its position by stop-loss, selling 188,500 ETH (equivalent to $426 million) at an average price of $2,263 over the past four days, and repaid $385 million USDT to reduce leverage. Currently, several of its ETH lending positions have liquidation prices lowered to the range of $1,576 to $1,682, mainly concentrated around $1,640.

The current position is 463,000 ETH (equivalent to $998 million), with an average cost of $3,180, a loss of $647 million (realized loss of $173 million, unrealized loss of $474 million), and leveraged loans of $625 million.