⚠️ THE ZONE NOBODY WANTS TO SEE — EVERY ADDRESS TIED TO IT

$ETH keeps leaking lower, and tension is building fast.

Because once ETH drifts into a very specific price band, things stop being manageable…

and start becoming automatic.

📉 The Danger Zone: $1,781 – $1,862

This is where liquidation pressure begins for one of the biggest players in the game: Trend Research.

🧱 Who’s at Risk?

Trend Research holds a massive 618,245.96 ETH across 6 wallets, using:

💰 ~$1.33B in WETH collateral

💸 ~$939M borrowed in stablecoins

This isn’t a single bet.

It’s a layered structure — and every layer has a price where it snaps.

📍 Key Wallets & Liquidation Levels

🔴 0xe5c248…4e4c

169,891 ETH

$258M borrowed

⚠️ Liquidation: $1,833.84

🔴 0xfaf135…840f

175,843 ETH

$271M borrowed

⚠️ Liquidation: $1,862.02 (highest threshold)

🔴 0x85e05c…eec8

108,743 ETH

$163M borrowed

⚠️ Liquidation: $1,808.05

🔴 0x6e9e81…8c89

79,510 ETH

$117M borrowed

⚠️ Liquidation: $1,781.09 (lowest floor)

🟠 Clustered Above

0x8fdc74…7f43 → 43,025 ETH | $66.25M | $1,855.18

0xb8551a…1e8a → 41,034 ETH | $63.23M | $1,856.57

🧠 The Big Picture

This isn’t one cliff.

It’s a staircase.

ETH doesn’t need to crash in one violent candle.

It just needs to drift… slowly… awkwardly… into this band.

Once price enters that zone:

No discretion

No reputation

No size advantage

Just execution.

📊 Current Read

For now, the structure still holds.

But if ETH trades inside $1,781–$1,862, liquidation risk becomes mechanical, not emotional.

The market won’t debate.

It will act.

💬 What do you think?

Does ETH stabilize before the zone — or walk straight into it?

#ETH #Ethereum #DeFiRisk #LiquidationWatch #onchaindata #MarketStructure