PANews reported on January 26 that, according to on-chain analyst Yu Jin, as ETH prices fell, Trend Research withdrew 30 million USDT from Binance three hours ago to repay loans on-chain, indicating that they have no plans to continue buying today.
- They currently hold a total of 651,300 ETH (US$1.85 billion), with an average cost of approximately US$3,180. Their current unrealized loss is approximately US$215 million.
- They borrowed 1.03 billion USDT on Aave, which is approximately 2.2 times leverage.
