Trend Research entered a position with an average price of $3299.43 for 645,000 ETH, currently experiencing an unrealized loss of $242 million.
BlockBeats News, December 25th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), as monitored, based on the withdrawal price from the exchange, the average cost of the 645,000 ETH currently held by Trend Research, a subsidiary of Yihua Group, is about $3299.43, indicating a unrealized loss of $242 million for this part of the tokens. Monthly breakdown is as follows:
November: Between November 2nd and November 21st, 630,571.5 ETH was withdrawn from a CEX, worth $2.1 billion, at an average price of $3337.39;
December: Between December 14th and December 23rd, 84,954.4 ETH was withdrawn from a CEX, worth $256 million, at an average price of $3017.73.
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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