Trend Research Accelerates Ethereum Sales, Offloads 170,000 ETH in 10 Hours

According to recent data from a blockchain monitoring platform,

Trend Research

has notably accelerated its Ethereum sell-off to settle outstanding debts. Statistics reveal that the institution has offloaded as much as 170,033 ETH within the last 10 hours, with the total value estimated at $322.5 million.

Despite this large-scale sale, Trend Research still holds approximately 293,121 ETH, valued at around $563 million, indicating that it maintains substantial reserves. Market analysts note that such significant sales could potentially impact Ethereum's short-term price movements.

• Single sale event involved 170,033 ETH
• Total worth approximately $322.5 million
• Institution retains 293,121 ETH valued at $563 million