BTC $64,804.93 +2.08%
ETH $1,921.08 +1.83%
BNB $592.44 +4.36%
XRP $1.08 +1.87%
SOL $74.47 +2.19%
TRX $0.3286 +1.05%
DOGE $0.0704 +1.52%
ADA $0.1706 +4.98%
BCH $217.88 +5.82%
LINK $8.46 +3.02%
HYPE $54.99 +2.52%
AAVE $99.29 +3.50%
SUI $0.6963 +2.25%
XLM $0.1722 +1.52%
ZEC $473.10 +2.49%
BTC $64,804.93 +2.08%
ETH $1,921.08 +1.83%
BNB $592.44 +4.36%
XRP $1.08 +1.87%
SOL $74.47 +2.19%
TRX $0.3286 +1.05%
DOGE $0.0704 +1.52%
ADA $0.1706 +4.98%
BCH $217.88 +5.82%
LINK $8.46 +3.02%
HYPE $54.99 +2.52%
AAVE $99.29 +3.50%
SUI $0.6963 +2.25%
XLM $0.1722 +1.52%
ZEC $473.10 +2.49%

Trend Research deposited 17,289 ETH into CEX, worth nearly 53 million USD

2025-07-16 07:52:57
Collection

ChainCatcher message, according to @EmberCN monitoring, as the ETH price strongly breaks through $3,100, LD Capital's secondary investment institution Trend Research has begun to take profits by selling part of their ETH and has unwound leverage:

They transferred 17,289 ETH (approximately $52.84 million) to Binance 4 hours ago, and then withdrew 19.11 million USDT to repay the loans taken to purchase ETH.

"Trend Research bought ETH with 2x leverage: they borrowed about $270 million from Aave to acquire ETH. Their comprehensive cost for ETH is approximately $2,250, and now with the ETH price at $3,127, their 182,000 ETH unrealized gains have reached $160 million. They have started to unwind leverage and take some profits."

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