Trend Research Sells Ethereum to Repay Aave Loan

According to Foresight News, Trend Research has sold 48,946 ETH, valued at approximately $151 million, to repay its Aave loan. Between February 26 and June 20, the entity borrowed funds to acquire a total of 184,115 ETH at an average price of $2,118, costing around $390 million. Trend Research currently retains 136,182 ETH, worth $430 million, resulting in a total profit of approximately $191 million.