Blog

Home News Analysis: Trend Research previously transferred 16,800 ETH to Binance, expecting to reduce a $3,328,000 loss.

Analysis: Trend Research previously transferred 16,800 ETH to Binance, expecting to reduce a $3,328,000 loss.

BlockBeats News, September 22nd. According to on-chain analyst Ai Yi (@ai_9684xtpa), 4 hours ago, an address associated with Delphi Digital’s research arm, Trend Research, redeemed 16,800 ETH from Aave and deposited it into Binance, totaling $72.88 million. With this transaction, the address 0x900…4b53b has nearly emptied its holdings and now only retains 214.8 ETH.

If we estimate based on a deposit price of $4388.11, these 16,800 ETH could reduce losses by $3.328 million.

Related articles