Trend Research transferred 70 million USDT to Binance in the past day to purchase 24,555 ETH, currently holding an unrealized loss of $163 million

Odaily News According to on-chain analyst Yu Jian's monitoring, Trend Research transferred 70 million USDT to Binance within the last 24 hours, subsequently purchased 24,555 ETH, and withdrew it on-chain, valued at $75.54 million. Currently, Trend Research (16090b03...) holds a total of 651,300 ETH with a total value of $1.92 billion. The average holding price is approximately $3,180, resulting in a current unrealized loss of about $163 million.