đ Trend Research Makes a High-Conviction Leveraged Bet on ETH
According to Odaily, Trend Researchâa secondary investment institution associated with Jackyi_ldâhas executed a sizable leveraged purchase of 46,379 ETH, with a total value of approximately $137 million.
đ Key details of the move:
Accumulation timeline: ETH buying began in early November when prices hovered around $3,400
Total holdings: About 580,000 ETH, currently valued near $1.72 billion
Average entry price: Roughly $3,208 per ETH
Current position: An unrealized loss of approximately $141 million
đ° Leverage strategy:
The acquisition was funded through borrowed capital, with Trend Research securing $887 million in USDT from Aave, applying a leverage ratio close to 2x.
đ Context matters:
Notably, the firm had previously generated $24.48 million in profits by shorting ETH, suggesting this long position represents a clear strategic shiftâfrom downside positioning to a leveraged bet on Ethereumâs upside.
As market participants digest this move, Trend Researchâs aggressive positioning is increasingly seen as a high-stakes vote of confidence in ETHâs medium- to long-term trajectory.
