Trend Research withdraws $30.8M in ETH from Binance

Trend Research, a subsidiary of LD Capital, withdrew 9,939 ETH ($30.85 million) from Binance, deposited the funds into the crypto lending protocol Aave, and subsequently borrowed 20 million USDT, according to a report from Onchain Lens. The firm currently holds a total of 636,815 ETH.