Lookonchain's recent report highlights a significant ETH sell-off by Trend Research, a subsidiary of LD Capital. They've offloaded an additional 21,000 ETH, valued at approximately $67 million. This follows a larger trend, with Trend Research selling a total of 69,946 ETH, equivalent to $218 million, within the last 24 hours. Impact on ETH Price? While large sell-offs can create downward pressure, ETH's price resilience suggests broader market factors are at play. Trend Research still holds a substantial 115,187 ETH, worth around $380 million. Why the Sell-Off? The reasons behind this substantial sell-off remain speculative. It could be profit-taking, portfolio rebalancing, or a strategic shift in investment strategy. Further analysis is needed to determine the long-term implications of this move on the Ethereum market. Keep an eye on market movements as Trend Research adjusts their portfolio. ```

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