Trend Research Sells Off 400K ETH Amid Liquidation Concerns

Trend Research has significantly cut its Ether holdings as ETH nears vital liquidation thresholds under $1,700.

In a notable move, Trend Research has begun to offload a substantial amount of its Ether holdings, totaling more than 400,000 ETH. This decision comes as the price of ETH approaches critical liquidation levels, specifically dropping towards the $1,700 mark.

The investment firm aims to mitigate potential risks associated with these falling prices, which could trigger significant liquidations if they dip further. By reducing their exposure to Ether, Trend Research is taking proactive measures in response to the volatile crypto market.