Trend Research Starts Buying Back Ethereum After Missing $100 Million Profit

Trend Research, a Chinese investment firm, has resumed purchasing Ethereum after previously selling a significant amount. Key points include:

Trend Research borrowed 88 million USDT from AAVE.
The firm sold 79,470 ETH for approximately $250 million at an average price of $3,145, which could have been worth over $352 million now.
They withdrew 9,377 ETH, valued at $41.37 million, from Binance.
Ethereum's current price is around $4,430 with a market cap of $534 billion.

Other notable moves in the market include:

An investor named 7 Siblings made a $250 million profit by holding ETH.
A hacker from Radiant Capital turned $53 million into $103 million by reinvesting in ETH.
Ethereum investors accumulated over 226,000 ETH worth about $980 million recently.