Trend Research Misses $100M ETH Profit, Now Buying Back

Trend Research Misses $100M ETH Profit, Now Buying Back
Trend Research Missed $100M Profit on ETH, Now It’s Buying Back

Main notes

  • Trend Research has sold ETH property at an average price of $ 3,145.
  • The company is now purchasing ETH again as the price exceeds $ 4,400.
  • The encryption market seems optimistic with price cuts.

Trend Research, a Chinese investment company, has recently started to purchase ETHEREUM recently

Eth
4 $ 409



24 hours fluctuation:
2.0 %


The maximum market:
$ 532.28 b



Folder. 24h:
$ 37.43 b

After losing huge profits.

The headlines related to direction research borrowed $ 88 million

USDT
$ 1.00



24 hours fluctuation:
0.0 %


The maximum market:
169.13 dollars b



Folder. 24h:
97.84 dollars b

From the higher lending protocol, according to Lookonchain.


After that, trend research has been deposited in Binance, which is the largest encryption and popularity between whales due to high liquidity.

To date, the company withdrew 9,377 ETH, at a value of $ 41.37 million, from Binance.

The movement comes two months after the Chinese company sold 79,470 ETH, bringing a total of about $ 250 million, at an average rate of 3,145 dollars per code. At this stage, the total value of ETH was sold more than $ 352 million.

ETHEREUM currently hovers at $ 4,430 with a maximum market of $ 534 billion.

Achieving huge profits

While Trend Research shows its $ 100 million wrapped on revenue, some whales belong to huge returns and bet on the pioneering altcoin.

For example, the mysterious investor, who is called 7 brothers, has a value of $ 250 million by retaining Ethereum between February and August.

Another case is the pirates of the radioactive capital, which turned $ 53 million to $ 103 million since September 2024. The fraudulent representative began the accumulation of ETH on August 20, as the price decreased to less than $ 4,100.

According to the Coinspeaker report on September 10, ETHEREUM Investors accumulated more than 226,000 ETH, at a value of approximately $ 980 million, last week. The purchase boom came as the upper part of Altcoin was struggling with less than $ 4,400.

the next

Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.

Crossed currency news, news


Wahid has analyzed and informed the latest trends in the decentralized ecosystem since 2019. He has more than 4000 articles in his name, and his work has been presented to some leading ports including Yahoo Finance, Investing.com, Cointelgraph and Benzinga. Unlike reporting, Wahid loves to connect points between Defi and Macro in his news message, Monk on the series.

Wahid Pessarlay on x


The post Trend Research Misses $100M ETH Profit, Now Buying Back first appeared on Investorempires.com.