PANews reported on February 2nd that, according to on-chain analyst Ai Yi, Trend Research has deposited another 20,000 ETH into Binance to avoid liquidation. InPANews reported on February 2nd that, according to on-chain analyst Ai Yi, Trend Research has deposited another 20,000 ETH into Binance to avoid liquidation. In
Trend Research deposited another 20,000 ETH into Binance to avoid liquidation.
News Brief
PANews reported on February 2nd that on-chain analyst Ai Yi uncovered how Trend Research transferred an additional 20,000 ETH to Binance, apparently attempting to avoid liquidation. Over the past 24 hours, they've offloaded a total of 53,589 ETH onto various exchanges—a move that could result in a staggering $42.67 million loss should they liquidate. Consequently, their on-chain ETH reserves have plummeted to 608,251.55, currently valued at approximately $1.28 billion.
PANews reported on February 2nd that, according to on-chain analyst Ai Yi, Trend Research has deposited another 20,000 ETH into Binance to avoid liquidation. In the past 24 hours, it has cumulatively deposited 53,589 ETH into exchanges, which would result in a loss of $42.67 million if sold. Currently, the amount of ETH held on-chain has decreased to 608,251.55, approximately $1.28 billion.
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