according to Ai Yi @ai_9684xtpa monitoring, as ETH continues to decline, Trend Research's current main ETH collateral positions, without adding margin or reducing positions, have liquidation price ranges concentrated between $1781.09 and $1862.02.

Data shows that Trend Research currently holds a total of 618,245.96 ETH, distributed across 6 addresses, with a total collateral of about $1.33 billion in WETH and about $939 million in stablecoins borrowed. Among them, the largest single position collateralizes 169,891 ETH, with a liquidation price of about $1833.84; another major position collateralizes 175,843 ETH, with a liquidation price of about $1862.02; the remaining positions have liquidation prices of approximately $1808.05, $1781.09, $1855.18, and $1856.57 respectively. Overall, if the ETH price further falls into the above range, the related positions will face concentrated liquidation risk.