PANews reported on December 29 that, according to on-chain analyst @ai_9684xtpa, Trend Research, an institution under Yi Lihua, withdrew another 20,850 ETH fromPANews reported on December 29 that, according to on-chain analyst @ai_9684xtpa, Trend Research, an institution under Yi Lihua, withdrew another 20,850 ETH from
Trend Research withdrew 20,850 ETH from Binance in the past hour, and then borrowed 40 million USDT after staking them.
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PANews reported on December 29 that, according to on-chain analyst @ai_9684xtpa, Trend Research, an institution under Yi Lihua, withdrew another 20,850 ETH from Binance in the past hour, worth $63.28 million. Subsequently, it borrowed 40 million USDT by staking ETH through address 0x8FD…97f43, and may continue to increase its holdings.
As of now, the institution's five addresses hold a total of 600,850 ETH, with a total value of $1.82 billion. According to data provided by Yilihua, the previous cost of 580,000 ETH was about $3,150, so the average cost after this addition is about $3,146.
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