📊 Trend Research founder hints at using leverage again Jack Yi, founder of Trend Research, recently suggested the firm may start using leverage again in the near future. 💬 According to Jack Yi, the current market environment resembles 2019: Secondary market liquidity has dropped sharply Many Web3 companies are laying off staff Some industry participants are leaving crypto for other sectors ⚡ This has sparked speculation that Trend Research could soon accumulate large amounts of Ethereum, then use it as collateral on Aave to borrow stablecoins and loop leverage. 📉 It’s worth noting that the firm has already suffered ~$746M in losses this year, largely due to leveraging $ETH at higher price levels. 👀 If the strategy returns, it could become one of the more closely watched leverage trades in the DeFi market again.
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