Trend Research (Primitive Ventures) Withdraws 16,800 ETH ($72.9M) from Aave to Binance — Address Nearly Emptied
ETH/USDT
$31,047,650,067.90
$2,386.02 / $2,174.06
Change: $211.96 (9.75%)
-0.0008%
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COINOTAG News on September 22 reported that on-chain analyst Ai Auntie (@ai_9684xtpa) identified an entity affiliated with Primitive Ventures/Trend Research that withdrew 16,800 ETH from Aave and, according to on-chain timestamps, deposited the funds to Binance shortly thereafter — a movement valued at roughly $72.88 million.
The implicated wallet, labeled 0x900…4b53b, has been largely liquidated on-chain and currently retains approximately 214.8 ETH, per the COINOTAG on-chain trace referenced in the report.
Separately, prior on-chain calculations dated September 11 indicate Trend Research held about 152,000 ETH with an average cost basis near $2,869 per ETH; these figures reflect historical holdings reported by the same on-chain analysis.