Data: Suspected Trend Research address shorted 27,000 ETH 4 hours ago, worth approximately 57.11 million USD

According to on-chain analyst Yu Jin's monitoring, a suspected Trend Research wallet borrowed ETH through Aave and then transferred it to Binance, short-selling 27,000 ETH (57.11 million USD).

This address withdrew 303 million USDC from Binance on February 11, just a few days after Trend Research transferred all ETH to Binance in February. A week ago, this address transferred 150 million USDC to Binance, with one transaction using a known Binance deposit address of Trend Research. This address is now collateralizing 100 million USDC on Aave and has borrowed 27,000 ETH, which has already been transferred to Binance.