⚠️ 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