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Trend Research-Linked Wallet Reportedly Shorts 27,000 ETH via Aave Borrowing

Trend Research-Linked Wallet Reportedly Shorts 27,000 ETH via Aave Borrowing

According to the latest update, Trend Research moved 27,000 ETH off Binance while sending about $150 million in USDC to the exchange, suggesting renewed positioning after its previously reported ETH unwind.

ETH
USDC
AAVE

Fact Check
The claim is supported by detailed on-chain monitoring data reported by multiple reputable crypto news outlets (BlockBeats, Odaily) and primary monitoring accounts (AI姨). The specific wallet address (0x25ff13e9e6574a67393101f65a4e23718b0cbeac) and the sequence of transactions—borrowing 27,000 ETH from Aave, transferring to Binance, withdrawing to repay Aave, and moving 150 million USDC—are consistently documented across all sources. The interpretation of these actions as opening and closing a short position is standard for such on-chain patterns.
Summary

A new update indicates that Trend Research is again moving large size through Binance, this time withdrawing 27,000 ETH from the exchange while transferring about $150 million in USDC in the opposite direction. This adds a new phase to earlier reported activity involving a Trend Research-linked wallet, which had previously borrowed 27,000 ETH on Aave, moved the funds through Binance, repaid the loan, and returned $150 million in USDC to a centralized exchange as part of what was interpreted as an unwind of a large ETH short. The latest reported flows suggest fresh positioning through Binance following that earlier sequence.

Terms & Concepts
  • ETH: The native cryptocurrency of Ethereum, used to pay network fees and as a core asset across trading and decentralized finance.
  • Binance: A centralized cryptocurrency exchange where users trade digital assets and move funds on and off the platform.
  • USDC: A dollar-pegged stablecoin commonly used in crypto markets for settlement, trading liquidity, and transfers between venues.