Trend Research Continues to Reduce Positions to Avoid Liquidation, Deposits 53,589 ETH to CEX in 24 Hours

Trend Research Urgently Reduces Positions to Avoid Liquidation

On February 2, according to blockchain analyst Ai Auntie's monitoring, to avoid further liquidation, Trend Research under Yi Lihua deposited 20,000 ETH to Binance in the past 15 minutes. In the past 24 hours, it has deposited a total of 53,589 ETH to exchanges. If sold entirely, the loss is estimated at $42.67 million.

Blockchain Holdings Continue to Decline

Currently, Trend Research's on-chain ETH holdings have dropped to 608,251.55 ETH, worth approximately $1.28 billion, showing a significant decline in holdings.