Ethereum Price Plummets as Trend Research Liquidates Massive Position
SentiSignal Editorial TeamFebruary 8, 2026, 12:00 AM144 words5 sourcesAI-Generated · Reviewed by editorial team
Ethereum
Photo: Pexels / Bastian Riccardi
Ethereum (ETH) has experienced significant selling pressure following the liquidation of a substantial position held by Trend Research, a Hong Kong-based trading firm. The firm deposited over 772,865 ETH (valued at approximately $1.8 billion) to Binance to cover debts incurred through leveraged trading, resulting in losses exceeding $747 million. This capitulation, triggered by a nearly 30-37% price decline year-to-date, has intensified market volatility and bearish sentiment. Trend Research had aggressively borrowed stablecoins on Aave to accumulate ETH, a strategy backfired by recent market corrections. Reports of Ethereum co-founder Vitalik Buterin’s ETH sales, though often for ecosystem funding, have further contributed to negative market perception. On-chain data reveals critical liquidation zones between $1,000 and $1,700, suggesting potential for further downside. While some view the dip as a buying opportunity, the prevailing consensus points towards a sustained downtrend, with support levels identified between $1,537 and $1,750.
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