Trend Research has sold off its entire stake in UNI and COMP at a loss, realizing a loss of $40.29 million.

On-chain analyst Yu Jin reported an hour ago that Trend Research, a secondary investment institution under Jackyi (@Jackyi_ld), transferred another 2.705 million UNI (US$8.71 million) and 114,000 COMP (US$2.13 million) to Binance, completely liquidating its holdings and realizing a loss of US$40.29 million. During the rebound in July last year, Trend Research bought 5.41 million UNI tokens (average cost of about $9.5) and 228,700 COMP tokens (average cost of about $49.3) at a high price. In May this year, it sold off its holdings at a loss, with the average selling price of UNI at about $3.3 and COMP at about $19.4.