Garrett's [Oct 10th whale] liquidation is very public at $2,280~, but I have seen *nobody* talk about Trend Research new $ETH position. For the past 3 months, they've acquired $1.5B of $ETH (position down about $480m). Their liquidation on Aave is ~$1,900 and a HF from 1.3. Some other points: - People think Garrett (just a psyeudnym for someone who manages a lot of capital) just is perp long $ETH, they also bought $4.5b of ETH spot at $4,500 and spent the last few days also paying off Aave debt it seems - There is *way* more to this Garrett entity. They are all in ETH, literally - Trend Research im not so concerned about, they have a lot of capital, but its a liquidation in the books, not so far away now Happy hunting. Incredible markets.
Garrett just sent another $250m of spot ETH to binance fyi
3.6K