TechFlow news, January 20: According to analyst Yujin's monitoring, Trend Research borrowed another 30 million USDT from Aave today and transferred it to Binance.
· Since last November, this institution has been using leveraged loans to re-enter the market and accumulate ETH. It currently holds 626,000 ETH (worth approximately $1.94 billion) at an average cost of around $3,186. It is currently facing a floating loss of about $50 million.
· The institution's total loan on Aave amounts to 1 billion USDT, representing approximately 2x leverage.
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