Trend Research withdrew 20,850 ETH from Binance in the past hour, with a current cost of approximately $3,146.

According to TechFlow TechFlow, on December 29th, on-chain analyst Ai Yi (@ai9684xtpa) monitored that Trend Research, an institution under Yi Lihua, withdrew another 20,850 ETH from Binance in the past hour, worth $63.28 million. Subsequently, through address 0x8FD…97f43, it pledged ETH and borrowed 40 million USDT, possibly indicating further accumulation. As of now, the institution's five addresses hold a total of 600,850 ETH, with a total value of $1.82 billion. According to data provided by Yi Lihua, the previous cost of 580,000 ETH was approximately $3,150, so the average cost after this accumulation is approximately $3,146.