🔥 $ETH — THE $1.34B SELL-OFF IS OFFICIALLY OVER 🔥
One of the largest Ethereum capitulation events in history has finally closed its chapter. Trend Research has fully liquidated 651,757 ETH, sending the last of its holdings—worth ~$1.34B—to Binance. No leftovers. No staggered selling. This was a complete exit.
📊 What the on-chain data confirms (quick & clean):
• Average deposit price: ~$2,055
• Position status: 100% closed
• Estimated realized loss: ~$747M
• Timeline: Multi-month distribution — now finished
Trend Research originally accumulated ETH at much higher levels. This wasn’t panic selling—it was a slow, heavy unwind that sat over the market like a dark cloud. And now? That cloud is gone.
💥 Why this matters:
This whale was a major sell-side overhang. With all ETH now sitting on Binance and the distribution phase complete, a huge source of constant pressure has been removed. Historically, moments like this often mark late-stage capitulation, where weak hands are fully flushed.
🐳 The market just absorbed one of the biggest ETH losses ever recorded—and survived.
Is this the final flush before ETH starts building a real bottom? The data says we’re closer than ever.
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