Not Tom Lee’s BitMine: This Firm Faces Potential $1.33 Billion ETH Liquidation Amid 26% Price Drop
Trend Research, one of many largest Ethereum whales, is approaching a vital liquidation threshold amid ETH’s current downward trajectory.
The stakes for the corporate mirror these of Tom Lee’s BitMine, whose Ethereum Supercycle guess is proving deadly as costs decline.
Ethereum Whale Trend Research Approaches $1.33 Billion Liquidation Threshold as Prices Slide
Blockchain monitoring by @ai_9684xtpa reveals that the agency at present holds 618,246 ETH throughout six addresses. It has $1.33 billion in WETH posted as collateral and $939 million in stablecoins borrowed.
A sustained decline in Ethereum might set off multi-billion-dollar liquidations, doubtlessly reverberating throughout broader crypto markets.
As of this writing, Ethereum was trading for $2,226, down by nearly 8% within the final 24 hours. Meanwhile, the liquidation vary for Trend Research’s holdings is $1,781.09 to $1,862.02 per ETH, assuming no margin top-ups or place reductions.
Individual tackle thresholds illustrate the dimensions of danger:
- TOP1: 169,891 ETH collateral, $258 million borrowed, liquidation at $1,833.84
- TOP2: 175,843 ETH collateral, $271 million borrowed, liquidation at $1,862.02
- TOP3: 108,743 ETH collateral, $163 million borrowed, liquidation at $1,808.05
- TOP4: 79,510 ETH collateral, $117 million borrowed, liquidation at $1,781.09
- TOP5: 43,025 ETH collateral, $66.25 million borrowed, liquidation at $1,855.18
- TOP6: 41,034 ETH collateral, $63.23 million borrowed, liquidation at $1,856.57
In what seems to be a proactive transfer, Trend Research lately deposited 20,000 ETH (roughly $43.88 million) into Binance, signaling efforts to handle danger amid volatility.
Whales Shift to Deleveraging Amid ETH Volatility, Highlighting Short-Term Risk Management
This follows a broader pattern amongst Ethereum whales, with BitcoinOG and Trend Research collectively dumping $371 million in ETH over 48 hours to repay loans on the DeFi lending platform Aave.
Trend Research alone withdrew $77.5 million in USDT to repay practically all (98.1%) of its Aave debt, reflecting a strategic deleveraging slightly than panic promoting.
The present surroundings starkly contrasts with late 2025, when whales, together with Trend Research and BitMine Immersion Technologies, have been aggressively accumulating ETH during price dips.
At that point, Trend Research had amassed 580,000 ETH ($1.72 billion) at a median entry of ~$3,208, treating weak point as a shopping for alternative. BitMine equally added tens of hundreds of ETH to its holdings, signaling robust institutional conviction.
The ongoing volatility displays the twin pressures massive ETH holders face to steadiness aggressive accumulation methods with danger administration in leveraged positions.
While Trend Research stays a serious accumulator, the present worth slide—ETH is down roughly 26% up to now week—has elevated the urgency of managing potential liquidations.
Aave’s resilience has up to now prevented systemic disruption. According to founder Stani Kulechov, it dealt with $140 million in automated liquidations easily on January 31.
Notwithstanding, a continued Ethereum worth slide towards the $1,781–$1,862 vary might set off compelled liquidations, doubtlessly amplifying market stress.
Trend Research’s strikes present that even whales with bullish long-term views are adopting risk-off conduct within the brief time period. This means:
- Leveraging deposits
- Margin administration, and
- Stablecoin compensation to safeguard multi-billion-dollar positions.
The interaction between whale exercise and market sentiment is prone to decide near-term worth trajectories.
The submit Not Tom Lee’s BitMine: This Firm Faces Potential $1.33 Billion ETH Liquidation Amid 26% Price Drop appeared first on BeInCrypto.