Trend Research Transfers 30,000 ETH to Binance, Needs to Sell 146,000 ETH More to Exit Leverage

Trend Research transferred 30,000 ETH worth approximately $58.18 million to Binance on Feb. 6, on-chain analyst Ai 姐 (@ai_9684xtpa) reports. The firm's on-chain holdings now stand at 217,274 ETH, valued at around $421 million. Ai 姐 noted Trend Research would need to sell an additional 146,000 ETH to fully exit its leveraged positions.