Trend Research has fully liquidated its holdings in UNI and COMP, incurring a loss of $40.29 million. The investment firm, associated with Jackyi, transferred 2.705 million UNI worth $8.71 million and 114,000 COMP valued at $2.13 million to Binance, according to on-chain analyst Yu Jin. Originally, Trend Research acquired 5.41 million UNI at an average price of $9.5 and 228,700 COMP at $49.3 during a market rebound in July last year. The recent sale saw UNI sold at an average of $3.3 and COMP at $19.4, marking a significant financial setback for the firm.
Trend Research Liquidates UNI and COMP Holdings, Incurs $40.29M Loss
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.