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Trend Research has transferred 79,471 ETH to Binance for divestment, still holding 108,000 ETH in on-chain address

Summary: According to on-chain data analyst Yu Jin, Trend Research has transferred a total of 79,471 ETH (approximately 250 million USD) to Binance for divestment. Since the divestment began, their on-chain borrowing has decreased from 275 million USD before selling ETH to the current 168 million USD. It means that Trend Research has sold at least ...

According to on-chain data analyst Yu Jin, Trend Research has transferred a total of 79,471 ETH (approximately 250 million USD) to Binance for divestment. Since the divestment began, their on-chain borrowing has decreased from 275 million USD before selling ETH to the current 168 million USD.

It means that Trend Research has sold at least 107 million USD worth of ETH in the past day. Their on-chain address still holds 108,000 ETH (approximately 367 million USD).

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Link: Trend Research has transferred 79,471 ETH to Binance for divestment, still holding 108,000 ETH in on-chain address [Copy]

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