Trend Research sells UNI, COMP for estimated $40.3M loss

An address believed to belong to crypto research firm Trend Research has sold its holdings of UNI and COMP for an estimated total loss of $40.29 million (60.6 billion won), according to blockchain analyst EmberCN. The address deposited 2,705,000 UNI ($8.71 million) and 114,000 COMP ($2.13 million) to Binance. EmberCN calculated the loss based on an average purchase price of $9.50 for UNI and $49.30 for COMP. At the time of the report, UNI was trading at $3.09 and COMP at $18.14, according to CoinMarketCap.