$ETH 66K ETH Borrowed Whale Revealed 🚨🐳
The “66,000 $ETH Borrowed Whale” has been confirmed as Trend Research (@Trend_Research_), according to Arkham.
This resolves speculation around one of the most aggressive ETH leverage players on-chain.
Just minutes ago, Trend Research withdrew 11,520 $ETH worth $34.93M from Binance and supplied it to Aave.
They then borrowed $20M in $USDT against the collateral.
Immediately after, the $20M $USDT was sent back to Binance, strongly indicating fresh ETH spot buying via a loop-borrowing leverage strategy.
This confirms Trend Research is actively scaling long exposure, not de-risking.
With leverage expanding and ETH being re-accumulated, is this conviction trade about to pressure shorts — or amplify downside if volatility spikes? ⚡️🛑
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