Trend Research should be buying ETH again.
A week ago (9/4), two new addresses withdrew 34,000 ETH ($150 million) from Binance and then deposited it into Aave.
In the past half hour, these two addresses borrowed 80 million USDT from Aave and transferred it to Binance, and they have now withdrawn 9,377 ETH ($41.37 million) from Binance.
These USDT transferred to Binance used the deposit address that Trend Research has used multiple times before. Therefore, these two new addresses, which are currently holding 43,377 ETH ($192 million), should belong to Trend Research.
Trend Research previously accumulated 182,000 ETH at a low price of $2,250 from April to June. After ETH broke $3,000 in July, they reduced their position by 74,000 ETH to control risk. They continue to hold 108,000 ETH.
I saw a tweet from Boss Yi a few days ago stating he believes that $4,100-$4,300 is the bottom buying range, which is likely why they are buying ETH again.
Addresses:
0xbb101B9Ac239851842e9758266de36D47B790308
0x90013e5fDd23ef161fb4154cfb239Cb2a904b53b
A week ago (9/4), two new addresses withdrew 34,000 ETH ($150 million) from Binance and then deposited it into Aave.
In the past half hour, these two addresses borrowed 80 million USDT from Aave and transferred it to Binance, and they have now withdrawn 9,377 ETH ($41.37 million) from Binance.
These USDT transferred to Binance used the deposit address that Trend Research has used multiple times before. Therefore, these two new addresses, which are currently holding 43,377 ETH ($192 million), should belong to Trend Research.
Trend Research previously accumulated 182,000 ETH at a low price of $2,250 from April to June. After ETH broke $3,000 in July, they reduced their position by 74,000 ETH to control risk. They continue to hold 108,000 ETH.
I saw a tweet from Boss Yi a few days ago stating he believes that $4,100-$4,300 is the bottom buying range, which is likely why they are buying ETH again.
Addresses:
0xbb101B9Ac239851842e9758266de36D47B790308
0x90013e5fDd23ef161fb4154cfb239Cb2a904b53b
