Major ETH Sell-Off Hits the Market

Latest data shows Trend Research offloaded 20,770 ETH worth approximately $43.57 million within 20 minutes.

This latest sell-off has drawn significant market attention, indicating the entity might be accelerating adjustments to its asset allocation.

ETH Holdings Decline Sharply

Currently, Trend Research's ETH holdings have dropped to 10,303 ETH, valued at around $21.5 million.

  • Asset adjustments might correlate with broader market trends
  • Could influence short-term ETH price movements
  • Investors should monitor future fund flows

Market analysts suggest that such large-scale sell-offs might impact ETH prices in the short term, advising investors to closely watch market developments.