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Trend Research-Linked Wallet Sends 16,800 ETH to Binance

Trend Research, led by Yi Lihua, has sold over 72,000 ETH worth $319 million since early October, signaling intensified asset liquidation and active exchange movement.

ETH
AAVE

Fact Check
The statement is strongly corroborated by multiple independent sources, including crypto news outlets (PANews, Odaily News, Gate News) and reputable on-chain analytics platforms (Lookonchain, EyeOnChain). All provided evidence consistently reports that a wallet associated with Trend Research deposited exactly 16,800 ETH into the Binance exchange.
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Summary

On-chain analyst Ai Yi reported that Trend Research, led by Yi Lihua, has sold a total of 72,481 ETH valued at approximately $319 million since the beginning of October. Recently, the firm withdrew 2,000 ETH from Aave and transferred it to Binance, marking the fifth deposit within 24 hours. This ongoing pattern highlights active management of liquidity and large-scale ETH offloading by the firm.

Terms & Concepts
  • ETH (Ether): The native cryptocurrency of the Ethereum blockchain, used for transactions and as a store of value.
  • Aave: A decentralized finance platform that enables users to lend and borrow cryptocurrencies without intermediaries.
  • Binance: A major global cryptocurrency exchange offering trading across a wide range of digital assets.