Trend Research Transfers UNI and COMP to CEX

Trend Research, a secondary investment institution under Yilihua, has transferred an additional 2.705 million UNI and 114,000 COMP to a centralized exchange (CEX), according to BlockBeats On-chain Detection. This move suggests a potential liquidation, which could result in a loss of $40.29 million if sold. Earlier reports indicated that on May 25, Trend Research had deposited 2.7 million UNI and 114,352 COMP into the same CEX.