TechFlow news, December 29: According to on-chain analyst Ai Yi (@ai 9684xtpa), Trend Research, an institution under Yi Lihua, withdrew 20,850 ETH worth $63.28 million from Binance in the past hour. Subsequently, via address 0x8FD...97f43, it staked ETH and borrowed 40 million USDT, possibly continuing to increase its position. So far, the institution's five addresses have accumulated a total of 600,850 ETH, valued at $1.82 billion. Based on data provided by Yi Lihua, the previous cost for 580,000 ETH was approximately $3,150; after this latest purchase, the average cost is now around $3,146.
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