Trend Research, an investment firm led by Jack Yi, founder of Liquid Capital, has sold its entire Ethereum (ETH) position, reportedly locking in losses of nearly $750 million. The large-scale sell-off comes as Ethereum continues its broader downturn, with the altcoin down more than 30% in the past month. The price performance has reignited debate over whether ETH is approaching a market bottom. Trend Research Sells Ethereum Amid Market Volatility BeInCrypto recently reported that Trend Research began transferring Ethereum to Binance at the beginning of the month
source: https://beincrypto.com/trend-research-sells-ethereum-at-loss-market-bottom/