Trend Research Transfers 102,355 ETH to Binance in October; 46.87M USDT Withdrawn to Repay Aave Loan
ETH/USDT
$39,049,302,904.94
$2,145.26 / $2,009.54
Change: $135.72 (6.75%)
-0.0018%
Shorts pay
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.