- Trend Research increases ETH holdings, plans $1B purchase.
- Currently holds around 645,000 ETH.
- Aim to become the second-largest Ethereum holder.
On-chain analysts now estimate Trend Research’s Ethereum holdings have surged to approximately 645,000 ETH, with a potential plan to acquire another $1 billion in ETH.
This positions Trend Research as a significant player in Ethereum accumulation, potentially impacting market dynamics and investor perception.
Trend Research has revised its Ethereum holdings estimate to about 645,000 ETH, up from prior estimates. On-chain analysts predict a further $1 billion ETH purchase, potentially positioning Trend Research as the second-largest ETH holder after Bitmine.
Trend Research, an institutional investment firm, aims to accumulate more Ethereum to increase holdings significantly. This move, led by Yi Lihua, positions Trend Research as a major influencer in the cryptocurrency space, as indicated by on-chain analytics.
Trend Research holds 645,000 ETH at an average cost $3,299.43, with a floating loss of $242M, and notes a ‘buy another $1 billion’ commitment that could push holdings to ~1M ETH and make Trend Research the second-largest ETH holder.
This potential acquisition highlights the growing institutional confidence in Ethereum’s long-term value.
On-chain data and analytics suggest this will enhance Ethereum’s market position, reflecting positively on investor sentiment and market dynamics. Such significant holdings underscore Ethereum’s importance in global cryptocurrency markets.
This action may increase Ethereum’s liquidity and transactional flows, supporting its market infrastructure. Investors are watching for any potential regulatory changes that might impact Ethereum’s valuation. Historical trends suggest such institutional commitments reinforce Ethereum’s status in the blockchain ecosystem.
This purchase agreement reflects broader trends of large-scale digital asset acquisitions.
The planned increase promises substantial impacts on Ethereum’s ecosystem, potentially affecting its price stability and staking returns. Trend Research’s strategy aligns with historical bullish patterns seen with large-scale purchases in decentralized finance.
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