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Analysis: Trend Research's ETH Cost Estimated at $2240, Holding Accumulated 177,000 ETH
Summary: According to EmberCN, on June 20, LD Capital's Trend Research is estimated to hold around 177,000 ETH (approximately $453 million), some of which was acquired by borrowing USDT against ETH collateral from Aave. A total of 230 million USDT was borrowed, with a leverage ratio of nearly two times. The comprehensive cost of their ETH ...
According to EmberCN, on June 20, LD Capital's Trend Research is estimated to hold around 177,000 ETH (approximately $453 million), some of which was acquired by borrowing USDT against ETH collateral from Aave. A total of 230 million USDT was borrowed, with a leverage ratio of nearly two times. The comprehensive cost of their ETH should be around $2,240, with approximately $55 million in unrealized gains.
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Link: Analysis: Trend Research's ETH Cost Estimated at $2240, Holding Accumulated 177,000 ETH [Copy]