TrendResearch appears to sell another $80.85M in ETH

TrendResearch, which has been accumulating Ethereum (ETH) since November of last year, has deposited an additional 35,000 ETH ($80.85 million) to Binance, Onchain Lens reported. The firm, a subsidiary of LD Capital, held approximately 650,000 ETH until the end of last month. However, following the market downturn last weekend, it has sold off about 138,588 ETH ($319.35 million) and repaid loans on crypto lending protocols such as Aave. According to data from Arkham, TrendResearch's current holdings stand at 513,089 ETH.