Trend Research, backed by Yi Lihua, is currently the third-largest holder of Ethereum with 645,000 ETH worth about $2.1 billion. Most of this accumulation occurred in November at an average price of $3,299 per ETH, resulting in a floating loss of $242 million. If Yi Lihua proceeds with his plan to buy an additional $1 billion worth of ETH, Trend Research could become the second-largest holder, nearing 1 million ETH.
Trend Research Set to Become Second-Largest Ethereum Holder with Potential $1 Billion Purchase
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