Trend Research transferred 24,051 ETH to Binance in the past 9 hours

ChainCatcher message, according to on-chain analyst Yu Jin's monitoring, Trend Research transferred 24,051 ETH (104 million USD) to Binance in the past 9 hours after ETH rebounded and broke through 4,300 USD.

They transferred 16,800 ETH to Binance 10 days ago, but at that time it was likely a swing trade and then they withdrew it. Are they really going to sell a portion this time or continue the swing? Before today's transfer, they held a total of 152,000 ETH (660 million USD), with an average cost price of about 2,869 USD.