Trend Research withdrew 6,748 ETH from Binance and is currently experiencing a paper loss of over $100 million.

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PANews reported on December 29th that on-chain data shows Trend Research withdrew 6,748 ETH (approximately $19.77 million) from Binance five minutes ago and deposited it into Aave as collateral. In the past seven hours, it has accumulated 27,598 ETH, bringing its total holdings to 607,598 ETH, worth approximately $1.77 billion. The average entry price was approximately $3,111, and it currently has a paper loss of approximately $117 million.

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