HE’S DOWN $500M .. BUT STILL LONG $1B OF ETH Jack Yi’s Trend Research is long over $1 Billion of ETH through levered AAVE positions - and as of today they are down $562M on-chain. Trend Research has deposited $367.8M of ETH into Binance since the start of the month, to try and wind down their positions. Their vault liquidations are estimated to begin at ~$1800 ETH.