BlockBeats News, January 20th, according to EmberCN monitoring, Trend Research today borrowed another 30 million USDT from Aave and transferred it to Binance.
· The institution has been dollar-cost averaging into ETH through leverage since November last year, currently holding 626,000 ETH (worth about $1.94 billion) with an average cost of around $3,186. The current unrealized loss is about $50 million.
· The institution’s borrowing on Aave is 1 billion USDT, totaling approximately 2x leverage.
