Trend Research has transferred more than 27,000 ETH to exchanges in 12 hours

On July 16, according to Aunt Ai of Trend Research, an affiliate of Lede Capital, a total of 27,454.4 $ETH has been transferred to the exchange in the past 12 hours, with a total value of approximately US$72.2 million. On-chain data shows that the agency is still continuing to reduce $Aave leverage positions and take profits, and it is expected that more transfers will be made in batches in the future. [PANews]