PANews reported on February 1st that, according to on-chain analyst Yu Jin, Trend Research withdrew 109.1 million USDT from Binance to repay loans on-chain afterPANews reported on February 1st that, according to on-chain analyst Yu Jin, Trend Research withdrew 109.1 million USDT from Binance to repay loans on-chain after
Trend Research replenished its margin by $109.1 million, reducing its leverage ratio to 2.2x.
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PANews reported on February 1st that, according to on-chain analyst Yu Jin, Trend Research withdrew 109.1 million USDT from Binance to repay loans on-chain after the ETH price drop early this morning. This reduced their leveraged ETH purchases from $1.12 billion to $1.01 billion, lowering the leverage ratio from 2.4x to 2.2x. They currently hold a total of 651,500 ETH (approximately $1.83 billion).
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