Institutional Sell-Off: Trend Research Deposits 20,000 ETH to Binance Amid Liquidation Fears

Institutional Sell-Off Resumes

According to on-chain analytics, the institutional wallet Trend Research (0xFaf...840f) has deposited another 20,000 ETH to Binance, likely to avoid liquidation pressures.

Details Behind the Massive Transfer

Within the last 24 hours, the wallet has sent a total of 53,589 ETH to exchanges. A full sell-off at current prices would result in a $426.7 million loss.

Significant Drop in ETH Holdings

The wallet's ETH balance has now dropped to 608,200 ETH, valued at approximately $1.28 billion, signaling a major shift in on-chain behavior.

• Increased exchange inflows suggest potential market pressure
• Loss-making sell-offs could indicate rising leverage risks
• On-chain analytics now more crucial than ever for trend prediction