Background Analysis
According to monitoring by on-chain analyst Ai Auntie, Trend Research recently transferred the last 0.148 ETH it held to exchanges. This move has drawn widespread attention from the market.
Sell-Off Details
Over the past 8 days, Trend Research has sold off a total of 658,168.58 ETH, valued at approximately $135.4 million. The average selling price was $2058.05, while the cost price was around $3104.36.
Loss Analysis
This sell-off resulted in a loss of about $688 million for Trend Research. The $315 million profit from the previous round was entirely offset in this round, leading to a total loss of $373 million.
- Total Sell-Off: 658,168.58 ETH
- Total Value: $135.4 million
- Cost Price: $3104.36
- Average Selling Price: $2058.05
- Total Loss: $688 million
This series of actions not only affected market confidence but also had a significant impact on Trend Research's financial situation.