According to on-chain data monitoring, a major investment firm Trend Research borrowed 10 million USDT from the Aave protocol about 5 minutes ago and subsequently deposited the funds into a leading exchange. Based on the operation sequence, this fund is very likely used to add to ETH positions.
It is understood that Trend Research currently holds a total of 626,778.65 ETH, with a total market value of approximately $1.94 billion at the current price. Notably, the average holding cost for this institution is $3,105.5 per ETH, with an unrealized profit of about $53.52 million. From this perspective, the new USDT borrowing may indicate that the institution remains optimistic about Ethereum's future performance at the current price level.
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AllInAlice
· 01-23 04:49
Big institutions are adding to their positions again, this pace... Meanwhile, retail investors are still debating whether to jump in or not.
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GateUser-e51e87c7
· 01-22 18:40
Big institutions' moves this time seem to be really bullish, borrowing 10 million U...
What are these floating gains for institutions? We retail investors are the real gamblers.
It's both borrowing and chasing positions; this rhythm is a bit fierce.
With such a large capital scale, still daring to add positions, either genuinely optimistic or a gambler's mentality.
Wait, the cost at 3105 yuan has now doubled, the institution's sense of smell is indeed sharp.
I've seen enough institutional operations; in such times, countering the trend can still be profitable.
A position worth 1.94 billion in market value, just buy the dip if you want, the access rights are too different...
Chasing 10 million U, this is a gamble that ETH will surge.
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FromMinerToFarmer
· 01-22 00:51
Large institutions continue to increase their holdings; it seems they didn't expect ETH to be so resistant to decline.
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Blockwatcher9000
· 01-20 07:57
Large institutions are starting to borrow money to buy ETH again. Is this a frantic bottom-fishing or are they planning to escape?
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BearMarketGardener
· 01-20 07:51
Large institutions are still increasing their ETH holdings. It seems this wave might really have a chance.
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TokenRationEater
· 01-20 07:47
Large institutions are still hoarding ETH crazily. What does this imply?
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ShadowStaker
· 01-20 07:35
honestly the math checks out but borrowing usdt just to chase eth at these levels? feels like panic accumulation dressed up as conviction. that 3105 cost basis is ancient history anyway... what's the real liquidation price looking like here? 🤔
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just_another_fish
· 01-20 07:32
Big institutions are still willing to add positions at this price level, I'm honestly a bit panicked haha
According to on-chain data monitoring, a major investment firm Trend Research borrowed 10 million USDT from the Aave protocol about 5 minutes ago and subsequently deposited the funds into a leading exchange. Based on the operation sequence, this fund is very likely used to add to ETH positions.
It is understood that Trend Research currently holds a total of 626,778.65 ETH, with a total market value of approximately $1.94 billion at the current price. Notably, the average holding cost for this institution is $3,105.5 per ETH, with an unrealized profit of about $53.52 million. From this perspective, the new USDT borrowing may indicate that the institution remains optimistic about Ethereum's future performance at the current price level.