Help! The crypto world has another 'big bomb' news—Trend Research has an unrealized loss of $140 million but is still holding onto ETH, not only not reducing its holdings but planning to throw in another $1 billion! This operation is definitely not just a simple 'optimistic' view; it hides the ambition of the whales to 'control' the ETH market! Today we will dig into the details behind this to help you see through the real tricks of the whales.
First, the core data: Trend Research currently holds 580,000 ETH, with a cost price of $3208, resulting in an unrealized loss of $140 million at current prices. Some friends who are new to the scene might ask: what does 580,000 ETH represent? When converted to RMB, it amounts to tens of billions, which already accounts for a significant proportion of the current ETH circulation. Coupled with the additional $1 billion purchase, it is conservatively estimated that they can buy several hundred thousand more ETH, making the amount of ETH held by Trend Research even more substantial, greatly increasing its influence on the market.
Many people think that whale buying is simply optimistic about the target, but in fact, every move of the whale carries a clear strategic purpose. From the operations of Trend Research, they choose to continue increasing their positions even when at a floating loss, partly to lower their average holding cost. Now that the ETH price is below their average cost, buying one more coin will reduce the overall holding cost by a bit. As long as the price rebounds above the cost line later, they can achieve substantial profits. This is the most basic operational logic and an important means for whales to reduce risk.
On the other hand, large-scale buying is also to gain market influence. In the crypto market, whoever holds a large number of chips has the ability to influence price trends to a certain extent. Trend Research continuously increases its holdings, absorbing circulating chips in the market. Once the chips are sufficiently concentrated, they can guide market sentiment through a small amount of capital operation, and may even become the 'tone setter' for ETH price trends. This control over market influence is where the true ambition of whales lies.
From a technical perspective, the current price of ETH is in a relatively low fluctuation range, and the trading volume continues to shrink, indicating that the panic sentiment in the market has been released to some extent, and both bulls and bears are in a temporary state of balance. The news of increased holdings from Trend Research is like a 'heavy bomb' that breaks this balance. As funds continue to enter, the trading volume of ETH is likely to expand, and the price may see a rebound. Of course, in the short term, the market may still experience fluctuations, but the long-term upward trend is becoming increasingly obvious.
Here I want to remind everyone: although the actions of whales have reference value, we must not blindly follow the trend. Whales have enough funds and ability to bear risks, while the funds of ordinary people are limited. Once a mistake is made in operation, it may result in huge losses. Therefore, what we need to do is to learn the analytical logic and operational ideas of whales, rather than copying their operations. For example, we can pay attention to the ecological development of ETH, capital flows, and other core indicators, and make judgments based on our own risk tolerance.
I will continue to track the concentration of ETH chips and technical trends to provide more accurate analysis. Friends who like this in-depth breakdown must give it a follow and share it with those around them who are watching the crypto market. Do you think Trend Research can ultimately achieve 'control' over the ETH market? Leave your views in the comments, and let's discuss together~ Follow me @链上标哥 , don't get lost!
