Trend Research Transfers 20,000 ETH to Binance Amid Liquidation Range Between $1,509 and $1,800

On February 6, Trend Research executed a transfer of an additional 20,000 ETH to Binance, according to recent on-chain data. This move follows a significant sale of approximately 47,000 ETH, valued at $89.29 million, conducted over the preceding six hours. The strategic transfers and sales are reportedly aimed at mitigating potential liquidation risks associated with the entity's positions. Analysts indicate that Trend Research's liquidation range currently sits between $1,509 and $1,800, underscoring the urgency behind these recent on-chain activities to stabilize its holdings and avoid forced closures.