Trend Research, a secondary investment arm of LD Capital, moves 1 million PENDLE tokens and 203,105 ENS tokens to Binance, signaling possible intentions to liquidate holdings in the Ethereum ecosystem.
Trend Research, part of LD Capital, has transferred 1 million PENDLE tokens worth $4.78 million and 203,105 ENS tokens valued at $4.72 million to Binance. The ENS tokens were withdrawn earlier from Binance at a higher price, and selling them now would result in a $1.13 million loss. This move suggests a potential sell-off of accumulated Ethereum ecosystem tokens.