[Trend Research's total loss on ETH has reached $554 million] According to on-chain analyst @ai_9684xtpa, Trend Research's total loss on Ethereum has reached as high as $554 million. Starting yesterday, Trend Research has deposited 73,589 ETH into Binance and is suspected to have sold them at an average deposit price of $2,299.96, with an estimated loss of $59.19 million. In addition to this realized loss, the 598,342.35 ETH held on-chain still has an unrealized loss of $495 million.