Trend Research Moves $105M in Ethereum to Binance Amid Liquidation Risk

The assessment that the statement is 'likely true' is based on strong, consistent evidence from multiple sources. Several sources, including news articles from crypto exchanges Phemex and BingX, as well as the outlet Crypto Adventure, directly corroborate the claim, explicitly stating that Trend Research deposited 45,000 ETH, valued at or around $105 million, into Binance. This central claim is further supported by a body of circumstantial evidence. Reports from on-chain analysts and data platforms confirm a series of large transfers from Trend Research to Binance, often describing them as occurring in batches. For instance, separate reports identify transfers of 10,000 ETH, 20,000 ETH, and 33,589 ETH. The repeated use of phrases like "another deposit" suggests these were part of a larger, cumulative movement of funds, which aligns with reaching a total of $105 million.While there are some discrepancies in the exact figures reported—one source mentions a total of 73,588 ETH transferred within a 24-hour period—this does not fundamentally contradict the statement. Instead, it suggests the $105 million (45,000 ETH) transfer was a significant, specific part of an even larger series of transactions. The overwhelming weight of evidence points to massive ETH transfers from Trend Research to Binance, with the $105 million figure being consistently reported by a significant subset of the provided sources.