Trend Research Withdraws $30 Million USDT from Binance for Loan Repayment

2026-01-26 09:36

Trend Research has withdrawn $30 million USDT from Binance to repay loans, according to monitoring by EmberCN. The firm currently holds 651,300 ETH, valued at approximately $1.85 billion, with an average cost of $3,180 per ETH, resulting in an unrealized loss of about $215 million. Additionally, Trend Research has borrowed $1.03 billion USDT on Aave, maintaining a leverage ratio of approximately 2.2x.

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