Trend Research buys an additional $20M in ETH

Trend Research, a subsidiary of LD Capital, borrowed an additional 20 million USDT and subsequently purchased 6,656 ETH on Binance. The firm then deposited the assets into the crypto lending protocol Aave (AAVE). Trend Research currently holds a total of 651,310 ETH, valued at $1.91 billion. The company has been accumulating ETH since last November, when the price was $3,400, and has continuously borrowed USDT to fund its purchases.