Trend Research Withdraws 30 Million USDT from Binance for Loan Repayment, Currently Faces $215 Million in Unrealized Losses

Odaily News According to on-chain analyst Yu Jin's monitoring, 3 hours ago, Trend Research withdrew 30 million USDT from Binance back to the chain for loan repayment. Trend Research currently holds a total of 651,300 ETH, valued at $1.85 billion, with an average cost price of approximately $3,180, resulting in an unrealized loss of about $215 million. The institution has borrowed 1.03 billion USDT on Aave, with a leverage ratio of approximately 2.2x.