A blockchain address, potentially linked to Trend Research, has reportedly collateralized $100 million USDC on Aave and borrowed 27,000 ETH (approximately $57.11 million) four hours ago. The borrowed ETH has been fully transferred to Binance for short selling. Investigations reveal multiple on-chain connections between this address and Trend Research. On February 11, the address withdrew $303 million USDC from Binance shortly after Trend Research liquidated its ETH holdings. Additionally, a week ago, the address transferred $150 million USDC to Binance, with one transaction using a known Trend Research deposit address.