Ethereum is currently trading approximately $300 below its VWAP at $1640, briefly dipping to $1950 in a short-term downward movement

BlockBeats News, February 5th, according to an exchange market data, Ethereum briefly dropped to $1950, with a 24-hour decrease of 9.7%. The average settlement price of Ethereum under Trend Research, a subsidiary of Yihuihua, is about $1640, approximately $300 lower.

Starting from the afternoon of February 1st, Trend Research has cumulatively sold 188,500 ETH at an average price of $2,263 over nearly four days, repaying $385 million USDT to reduce leverage. Currently, its multiple ETH lending positions have a liquidation price ranging from $1,576 to $1,682, primarily focused around $1,640.

The current holdings are 463,000 ETH, approximately $998 million, with an average cost of $3,180 per ETH, resulting in a $647 million loss ($173 million realized loss, $474 million unrealized loss) and $625 million in leveraged loans.