Trend Research withdrew another 13,462 ETH, increasing its holdings by over 46,000 ETH in a single day.

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According to TechFlow TechFlow, on December 29th, according to on-chain analyst Ai Yi (@ai_9684xtpa), Trend Research withdrew another 13,462 ETH (worth approximately $39.31 million) from Binance 5 minutes ago.

The institution's on-chain ETH holdings have now been updated to 626,071 ETH, with a total value exceeding $1.83 billion and an average holding cost of approximately $3,105.5. Currently, the institution is experiencing a paper loss of approximately $110 million. Data shows that Trend Research increased its ETH holdings by 46,036.72 ETH in a single day.

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