Trend Research Missed $100M Profit on ETH, Now It’s Buying Back
Yahoo Finance·2025-09-11 17:49
Trend Research, a Chinese investment firm, recently started to buy back Ethereum after missing out on huge profits. The addresses associated with Trend Research borrowed 88 million USDT from the top lending protocol AAVE, according to Lookonchain. Subsequently, Trend Research deposited the funds into Binance, the largest crypto exchange and popular among whales due to its high liquidity. So far, the company has withdrawn 9,377 ETH, worth $41.37 million, from Binance. The movement comes two months after ...