Trend Research holds approximately 177,000 ETH at an average cost of $2,240 per ETH
According to EmberCN monitoring, Trend Research, a subsidiary of LD Capital, is currently estimated to hold around 177,000 ETH (approximately $453 million), part of which was acquired by borrowing USDT from Aave using ETH as collateral and then purchasing more ETH. A total of 230 million USDT has been borrowed, with a leverage ratio close to 2x. Their average ETH acquisition cost is around $2,240, and they currently have an unrealized profit of about $55 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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