COINOTAG News reported on October 5 that on-chain analyst Yu Jin identified transfers by Trend Research, a subsidiary of Yihai: a deposit of 41,421 ETH to Binance, followed by a withdrawal of 46.87 million USDT from Binance to repay a loan on Aave. The chain-level movements are publicly verifiable and document the transaction flow.
Over October, Trend Research has cumulatively moved 102,355 ETH to Binance at an average price of $4,449. According to on-chain balances, its address currently retains about 50,300 ETH (roughly $229 million), reflecting substantial asset reallocation within the month.
The recorded sequence — ETH transfers to an exchange then a USDT withdrawal to service a Aave obligation — constitutes a clear instance of on-chain liquidity and loan repayment activity that market participants can monitor without relying on unverified claims.