According to on-chain analyst Ember monitoring, as the ETH price broke through $3,100, Trend Research, a secondary investment institution owned by Yi boss Jack Yi, began to sell part of ETH to unload leverage: They transferred 17,289 ETH (52.84 million USD) into Binance 4 hours ago, and then withdrew 19.11 million USDT to repay the previous purchase of ETH.
They bought ETH with 2x leverage: they borrowed about 270 million U from Aave to buy ETH. The comprehensive cost of ETH is about $2,250, and now the price of ETH is $3,127, and their 182,000 ETH floating profit has reached $160 million. Start unloading the leverage and take profit part of the bag is safe. This is.
Trend Research transferred 17,289 ETH into Binance 4 hours ago and withdrew 19.11 million USDT to repay the loan to buy ETH
2025-07-15 23:42:47
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