Back
LD Capital's Trend Research Moves 77.9 Million NEIRO Tokens to Bybit

LD Capital's Trend Research Moves 77.9 Million NEIRO Tokens to Bybit

Trend Research shifted nearly half of its NEIROETH holdings worth $22 million to exchanges, while retaining $23.16 million on-chain, raising ongoing concerns about market influence and liquidity concentration.

Fact Check
The primary source from blockchain.news directly and explicitly states that an entity linked to LD Capital sent 77.9 million NEIRO tokens to the Bybit exchange. Supporting evidence confirms that LD Capital is a known major holder of NEIRO and that the token is associated with the Bybit exchange, which corroborates the key elements of the statement.
    Reference: 123
Summary

On-chain analyst Yu Jin reported that LD Capital’s Trend Research transferred 324.7 million NEIROETH tokens, valued at $22 million, to exchanges including Bybit and Gate. The firm originally held 670 million NEIROETH, equal to 67% of the token’s supply. Following the transfers, it still retains 346 million NEIROETH, representing 34.6% of the supply and valued at $23.16 million. These moves highlight Trend Research’s continued significant role in NEIROETH liquidity and market stability.

Terms & Concepts
  • NEIROETH: A cryptocurrency token variant of NEIRO, with Trend Research controlling a large portion of its circulating supply.