Tag: ETH

Largest Ethereum (ETH) Long in Asia Is Gone: But On-Chain Data Tells a Different Story

By Chayanika Deka Trend Research, the trading firm led by Liquid Capital founder Jack Yi, has fully exited its Ethereum positions, closing out what was once Asia’s largest ETH long, according to on-chain monitoring platform Arkham. At its peak, Trend Research held approximately $2.1 billion in leveraged Ethereum long positions, accumulated by borrowing stablecoins against […]

Fragile Optimism in Crypto as ETF Flows Return

By Wayne Jones Even though they were trading at around $68,000 and $1,980, respectively, at the time of writing, Bitcoin and Ethereum bounced yesterday after sharp sell-offs, with BTC reaching $71,000 and ETH climbing to $2,150 following the resumption of spot ETF inflows. The rebound renewed speculation that BTC may have established a local floor, […]