Breaking
Yihua Group’s Trend Research Expands Ethereum Holdings With $137M (46,379 ETH) via Leverage, Eyes $1B More
ETHETH · Live data
$2,295 +0.98%
- 24h Volume$7.76B
- 24h Low / High$2,248 / $2,318
- Long/Short2.02
- Funding Rate+0.0062%
Data provided by COINOTAG DATA
According to Arkham data cited by COINOTAG News, a wallet linked to Trend Research, the investment arm of Yihua Group, borrowed about $20 million on Aave and deposited the funds on Binance within the past hour.
Separately, Trend Research has continued to scale its ETH position via leverage borrowing, accumulating 46,379 ETH valued at approximately $137 million. Yihua Group has stated that Trend Research is preparing an additional target of roughly $1 billion to sustain the ETH accumulation program.
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