BlockBeats news, on December 24, according to strategicethreserve data, the entities with the largest public Ethereum holdings are as follows:
Bitmine Immersion Tech (BMNR) ranks first, currently holding 4,070,000 ETH, worth approximately 11.97 billion USD;
SharpLink Gaming (SBET) ranks second, currently holding 863,020 ETH, worth approximately 2.54 billion USD;
The Ether Machine (ETHM) ranks third, currently holding 496,710 ETH, worth approximately 1.46 billion USD;
According to previous reports, the secondary investment institution Trend Research under Yi Lihua continued to increase its holdings of 46,379 ETH worth approximately 1.37 million USD through leveraged borrowing today. Trend Research began buying ETH at the beginning of November when the price was 3,400 USD, and has since purchased approximately 580,000 ETH, with a total value of about 1.72 billion USD, an average cost of approximately 3,208 USD, and current position estimated to have an unrealized loss of about 141 million USD.
Trend Research's Ethereum holdings exceed those of The Ether Machine, second only to Bitmine and SharpLink. In addition, Yi Lihua announced, 'Trend Research is preparing another 1 billion USD to continue increasing its purchase of ETH.'
