Ethereum faces billion dollar sell pressure as top crypto fund faces $862M high stakes liquidation risk
A leveraged Ethereum place constructed by Jack Yi’s Trend Research continues to unwind beneath pressure. The place, assembled by way of Aave’s lending protocol and reported to have reached roughly $958 million in borrowed stablecoins at its peak, has been shrinking by way of repeated defensive gross sales as Ethereum’s worth declines. On Feb. 4,…
