Trend Research-Linked Wallet Moves $72.88M in ETH to Binance
Ai Yi reports that Trend Research has transferred 72,481 ETH, valued at $319 million, since October, with the firm recently withdrawing 2,000 ETH from Aave and depositing it into Binance.
ETH
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Fact Check
The statement is directly and explicitly confirmed by multiple sources. Specifically, sources 5, 9, and 10 from Blockchain.news state that a 'Trend Research-Linked Wallet' deposited 16,800 ETH, valued at '$72.88M', to Binance. The details in these sources perfectly match the claims made in the statement. Other sources corroborate that Trend Research was involved in large-scale transfers involving Binance during this period, providing consistent context.
Summary
On October 5, 2025, Ai Yi reported that Trend Research has moved a total of 72,481 ETH, worth $319 million, to centralized exchanges since October began. Recent activities include the withdrawal of 2,000 ETH from Aave and its transfer to Binance, marking the fifth such deposit within the past 24 hours.
Terms & Concepts
- Aave: A decentralized finance (DeFi) protocol that allows users to lend and borrow cryptocurrencies without intermediaries.
- ETH (Ether): The native cryptocurrency of the Ethereum blockchain, used for transactions, staking, and smart contract operations.
- Binance: One of the world's largest cryptocurrency exchanges, offering trading for a wide variety of digital assets.