On May 28, according to on-chain analyst Yu Jin, one hour ago, Trend Research, under Yi Lihua, transferred an additional 2.705 million UNI (valued at $8.71 million) and 114,000 COMP (valued at $2.13 million) to Binance, completing its liquidation and realizing a total loss of $40.29 million. During the rebound last July, the firm had bought 5.41 million UNI (with an average cost of about $9.5) and 228,700 COMP (with an average cost of about $49.3); in May this year, the liquidation was executed at an average selling price of about $3.3 for UNI and about $19.4 for COMP.
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Trend Research Liquidates UNI and COMP, Incurring $40.29 Million Loss
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