Trend Research, an organization suspected to be controlled by Yi Lihua, has accumulated approximately 645,000 ETH since the beginning of November and has become the third-largest Ethereum holder, with an average purchase price of 3,299.43 USD and a temporary loss of approximately 242 million USD.
On-chain data shows that most of the purchases were concentrated in November, accounting for over 88% of total holdings and involved at least 7 large addresses. If the plan to purchase an additional 1 billion USD is implemented, the ETH holding rank of this organization could change significantly.
MAIN CONTENT
Trend Research holds approximately 645,000 ETH, worth about 2.1 billion USD.
The average purchase price is 3,299.43 USD; paper loss of approximately 242 million USD.
Over 88% of the purchases occurred in November, through at least 7 large addresses.
The scale of ETH accumulation and holder position
Trend Research currently holds approximately 645,000 ETH (about 2.1 billion USD), ranking third in the amount of Ethereum held after Bitmine and SharpLink.
According to on-chain data, the organization suspected to be under the control of Yi Lihua began a new round of Ethereum accumulation since the beginning of November. The current holdings allow Trend Research to surpass large holder groups and create a significant impact on the ETH holding structure.
If the plan to purchase an additional 1 billion USD is implemented, Trend Research could become the second-largest holder. This information highlights the potential for significant accumulation in a short period, depending on the implementation of the additional purchase plan.
Cost price, temporary loss, and transaction allocation
The average purchase price of Trend Research is 3,299.43 USD/ETH and currently reports a paper loss of approximately 242 million USD.
Most of the holdings were accumulated in November, accounting for over 88% of the total ETH currently available. This indicates a concentrated buying pace during the period rather than being spread out over a long time.
The transactions involved at least 7 large addresses, indicating the distribution of purchase flows across multiple wallets instead of a single address. On-chain data emphasizes the level of organization and scale of the accumulation strategy in November.
Source: https://tintucbitcoin.com/trend-research-om-645-000-eth-lo-242-trieu-usd/
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