BREAKING
208d 10h ago

Trend Research Deposits 5,166 ETH into CEX Amid Ongoing Aave Position Reduction

ETH

ETH/USDT

$2,127.12
+4.51%
24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short
69.8%
Long: 69.8%Short: 30.2%
Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,121.96

1.67%

Volume (24h): -

Resistance Levels
Resistance 3$2,577.98
Resistance 2$2,403.28
Resistance 1$2,234.29
Price$2,121.96
Support 1$1,994.75
Support 2$1,826.83
Support 3$1,157.44
Pivot (PP):$2,110.44
Trend:Downtrend
RSI (14):32.9

On July 16, on-chain analyst Ai Yi (@ai_9684xtpa) reported that Trend Research transferred an additional 5,166 ETH into centralized exchanges (CEX), bringing their total deposits to 27,454.4 ETH within a 12-hour window. This substantial movement highlights a strategic shift in asset allocation. According to detailed on-chain metrics, Trend Research is systematically decreasing its Aave leveraged positions, signaling a prudent approach to profit realization. The data suggests that these deposits are part of a phased liquidation strategy, likely to persist over the near term. Market participants should monitor these trends closely, as they may influence liquidity and price dynamics across Ethereum-based DeFi platforms.

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