Big moves in the crypto space today! Trend Research, headed by Jack Yi, has officially finished offloading their Ethereum ($ETH ) holdings. 📉

Here is the quick breakdown of what happened:

  • ​The Final Move: At 10:49 AM (UTC+8), they sent their last big batch of 534 ETH to a centralized exchange.

  • ​The Massive Sell-off: Within just one hour, the group moved a staggering total of 31,073 ETH to exchanges.

  • ​Wallet Status: Their main on-chain wallet is now nearly empty, sitting at a tiny 0.165 ETH. 🧹

​What does this mean?

When large firms move huge amounts of ETH to exchanges (CEXs), it usually signals an intent to sell. Trend Research has now effectively "cleared out" their position.#ETHETFsApproved

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