Trend Research borrows 10 million USDT from Aave to boost its ETH holdings

Trend Research recently borrowed 10 million USDT from Aave and transferred the funds to Binance, indicating an intention to enhance its Ethereum holdings. This move reflects a calculated strategy in the current market.

The controlled address now holds 626,778 ETH, translating to an approximate value of 1.94 billion USD. With an average purchase price of 3,105.5 USD, Trend Research reports an unrealized profit of 53.52 million USD.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts