Trend Research has acquired 9,939 ETH, valued at approximately $30.85 million, from Binance and deposited the assets into Aave V3. Concurrently, the firm borrowed 20 million USDT, reportedly to facilitate additional Ethereum purchases. As of now, Trend Research holds a total of 636,240 ETH, with a market value of $1.97 billion, according to Onchain Lens monitoring.
Trend Research Acquires 9,939 ETH, Borrows $20M USDT for Further Purchases
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