Trend Research increased its holdings by 6,748 ETH, adding over 27,000 ETH within 7 hours

The institution Trend Research continues to increase its holdings in Ethereum. Data shows that the institution withdrew $19.77 million worth of ETH (approximately 6,748 coins) from Binance 5 minutes ago, and subsequently deposited these assets into the Aave protocol as collateral. Over the past 7 hours, Trend Research has accumulated a total of 27,598 ETH (approximately $83.05 million). Currently, the institution's on-chain ETH holdings have reached 607,598 coins, with a total value of about $1.77 billion, an average cost of approximately $3,111.07, and a current unrealized loss of about $117 million.