Ethereum hit by billion dollar sell pressure as top crypto fund faces $862M high stakes liquidation risk
In a significant turn of events for the cryptocurrency market, Ethereum is currently experiencing intense sell pressure, largely attributed to a highly leveraged position held by Trend Research, a prominent crypto fund led by Jack Yi. At the height of its trading activity, Trend Research had amassed approximately $958 million in borrowed stablecoins, utilizing Aave’s … Read more