According to Ember Monitoring, Trend Research has now transferred a total of 79,471 $ETH (approximately $250.00 million) to Binance for reduction. Since the start of the reduction, its on-chain borrowing has decreased from $275.00 million before the reduction to the current $168.00 million, indicating that they have sold at least $107.00 million worth of $ETH in the past day. Trend Research's on-chain address currently still holds 108,000 $ETH, worth approximately $367.00 million. [Foresight News]
According to Ember Monitoring, Trend Research has now transferred a total of 79,471 ETH (approximately $250.00 million) to Binance for reduction. Since the start of the reduction, its on-chain borrowing has decreased from $275.00 million before the reduction to the current $168.00 million, indicating that they have sold at least $107.00 million worth of ETH in the past day. Trend Research's on-chain address currently still holds 108,000 ETH, worth approximately $367.00 million. [Foresight News]