According to crypto analyst Ai Yi @ai_9684 (xtpa), Trend Research (@Trend_Research_), an affiliate of Liaode Capital, deposited 203,105 ENS tokens (ENS) worth approximately $4.72 million to Binance five minutes ago. These tokens were withdrawn from Binance on July 23rd at $28.82. Based on the current deposit price of $23.24, this represents a loss of approximately $1.133 million. Trend's ENS swing trading a year ago also reportedly ended in losses.