Trump has sent a clear signal regarding the new Federal Reserve Chair nominee Warsh: Rate cuts are a "necessary option"!
Key Points: 1️⃣ Interest rates must be lowered: Current levels are too high and hinder growth. 2️⃣ Use growth to resolve debt: Funds are flowing into the U.S.; growth will make debt seem trivial. 3️⃣ Streamline government: Cut hundreds of thousands of federal employees, refusing to rely on expanding government staff to boost employment data.
Trump stated: If Warsh wants to raise rates, he won't get this job at all. This time, the president wants to regain control over monetary policy!
From February 1st until now, Trend Research has entered a frenzied reduction mode in the past 4 days.
Reduction Action: Stop loss of 188,500 ETH (approximately $426 million) at an average price of $2,263.
Purpose: Repay $385 million USDT, forcibly reduce leverage.
Severe Situation: Cumulative losses have reached $647 million (realized $173 million + unrealized $474 million).
Current Lifeline: After this round of selling blood, the liquidation prices of multiple positions have dropped to the range of $1,576 - $1,682 (concentrated around $1,640).
Currently, they still hold 463,000 ETH, with an average cost of $3,180.
Boss Yi has sold coins again! Trend Research urgently reduced leverage late at night 🚨
Just 15 minutes ago, he withdrew 30 million USDT from Binance to repay a loan, and 5 minutes ago he recharged Binance with 10,000 $ETH (approximately 21.2 million USD), suspected to be cashing out.
Counting previous actions, Yi Li Hua has recently sent over 100,000 Ether to the exchange. This wave of 'selling coins to pay debts' cannot be stopped, and it seems that the pressure on the old giant whale is indeed huge.
Currently, Tom Lee's BitMine holds a floating loss of $ETH , which has reached an astonishing 7 billion dollars. Even top analysts cannot escape the market's 'beating.' Is this wave a deep trap for the big players, or the darkness before dawn? #eth