Trend Research Transfers $94.53 Million in ETH to Binance Over 18 Hours

Trend Research transferred an additional 10,000 ETH valued at $23.35 million to Binance, following a prior 20,000 ETH transfer worth $46.54 million, bringing cumulative deposits to 103,588 ETH valued at about $238.49 million. These transfers are tied to asset sales and loan repayments. Earlier sales of 73,589 ETH at an average price of $2,299.96 resulted in $59.19 million in realized losses. The company still holds 598,342.35 ETH with an unrealized loss of approximately $495 million, highlighting continued liquidation under high leverage exposure.