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

CoinFeed reported on May 28th that, according to on-chain analyst Yu Jin, an hour ago, Trend Research, a secondary investment firm under Jackyi Yi (@Jackyi_ld), transferred another 2.705 million UNI (US$8.71 million) and 114,000 COMP (US$2.13 million) to Binance, effectively selling off all of them at a loss, resulting in a loss of US$40.29 million. During the rebound last July, they bought 5.41 million UNI (average cost of approximately US$9.5) and 228,700 COMP (average cost of approximately US$49.3) at a high price; in May of this year, they sold off all of their holdings at a loss, with an average selling price of approximately US$3.3 for UNI and approximately US$19.4 for COMP.