Ethereum faces billion dollar sell pressure as top crypto fund faces $862M high stakes liquidation risk

A leveraged Ethereum position built by Jack Yi's Trend Research continues to unwind under pressure. The position, assembled through Aave's lending protocol and reported to have reached roughly $958 million in borrowed stablecoins at its peak, has been shrinking through repeated defensive sales as Ethereum's price declines. On Feb source: https://cryptoslate.com/trend-research-has-already-dumped-112828-eth-and-the-next-aave-threshold-could-turn-this-unwind-ugly/