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ETH $2,510.65 +1.26%
BNB $722.10 +0.83%
XRP $1.40 +4.28%
SOL $101.51 +1.78%
TRX $0.3399 -0.28%
DOGE $0.0840 +0.73%
ADA $0.2100 +2.65%
BCH $223.16 -0.11%
LINK $11.39 +0.78%
HYPE $80.20 +3.55%
AAVE $126.48 +1.93%
SUI $0.7243 +1.93%
XLM $0.1900 +6.64%
ZEC $1,134.41 +3.39%
AAPL $333.40 +0.77%
AMZN $255.94 +0.62%
GOOGL $344.69 +1.78%
MSFT $497.81 +1.43%
META $663.77 +3.28%
NVDA $213.26 -0.67%
TSLA $359.86 -1.12%
SNDK $1,535.29 -2.57%
INTC $96.50 -2.87%
SPCX $147.76 -0.90%
MU $922.28 -1.31%
AMD $487.97 -2.78%

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

2025-07-16 07:52:57

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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