ETH Price Fears Major Crash As Trend Research Deposits $1.8B Ethereum to Binance

Michael Adeleke
1 hour ago
Michael Adeleke

Michael Adeleke

Crypto Journalist
Expertise : Cryptocurrency, Blockchain, DeFi
Michael Adeleke is a passionate crypto journalist known for breaking down complex blockchain concepts and market trends into clear, engaging narratives. He specializes in delivering timely news and sharp market analysis that keeps crypto enthusiasts informed and ahead of the curve. With an engineering background and a degree from the University of Ibadan, Michael brings analytical depth and precision to every piece he writes.
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ETH Price struggles as Trend Research liquidates Ethereum holdings

Highlights

  • Ethereum faces renewed downside pressure as institutional investors continue large-scale sell-offs.
  • Trend Research deposited another major batch of ETH into Binance, signaling continued liquidation.
  • The sell-off follows a failed $2 billion leveraged long position backed by ETH collateral on Aave.

ETH price could face deeper losses as institutions keep selling off their tokens. Crypto firm Trend Research has deposited another tranche of Ethereum into Binance, seeking to sell off tokens.

Tresearch Trend Research Empties Portfolio as ETH Price Dips

According to data from Lookonchain, the crypto company deposited 1.8 billion tokens into Binance and continued the trend of its previous selling. This comes at a time when the Ethereum price continues to drop in value across the larger crypto market crash.

Source: Lookonchain

Trend Research had been building a long bet that is worth $2 billion during the last few months, done by taking out stablecoins from Aave, collateralized according to reports by Ethereum. The team was betting on the ETH price’s long-term potential and expected a quick rebound from the October drop below $4,000.

However, the projection did not play out as expected. It only got worse this month as the coin began falling quickly amid the  crash of Bitcoin to the $60,000 mark. Ethereum fell to its lowest since April 2025. This led the firm to sell off over 300,000 ETH.

At the same time, Jack Yi, Trend Research founder, referred to the sale as one meant to reduce risk, with the firm currently sitting on $747 million in losses.

“We’re just making some adjustments to control risk, with no change in our expectations for the future mega bull market.” he said. “But I believe the long-term trend in the crypto circle remains unchanged, this is now the absolute best time to buy spot assets, calculated based on investment returns over the next three years.”

As of press time, the ETH price is up by 4% as Bitcoin recovers close to the $70,000 mark.

ETH price daily chart

Ethereum Selling Pressure Grows Amid Crypto Crash

Another top crypto holder, Garrett Jin, had also been dumping his portfolio. It was reported by Lookonchain that both entities have been using the same Binance deposit address in offloading tokens, creating speculation of internal links.

“7 Siblings” are also very close to their liquidation value at the ETH price. The firm currently holds nearly 287,000 ETH, with liquidation levels at $1,029. Also, as reported by CoinGape, Vitalik Buterin has been selling off his tokens. Over the last week, Buterin sold 2,900 ETH, valued at $6.6M. He sold them an average price of $2,228.

Also, Ethereum’s largest treasury holder, BitMine, is sitting on billions of losses. However, Tom Lee has maintained that his firm would continue buying up tokens regardless of the unrealized losses.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
Michael Adeleke is a passionate crypto journalist known for breaking down complex blockchain concepts and market trends into clear, engaging narratives. He specializes in delivering timely news and sharp market analysis that keeps crypto enthusiasts informed and ahead of the curve. With an engineering background and a degree from the University of Ibadan, Michael brings analytical depth and precision to every piece he writes.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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