Institutional whales sweep ETH in 7 hours, Trend Research holdings exceed $1.7 billion

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【Crypto News】Ethereum welcomes another institutional big move. An insider has revealed that Trend Research, a well-established research organization, has recently made a series of moves that have attracted market attention. In just the past 7 hours, they have accumulated a total of 27,598 ETH, investing approximately $83.05 million in real funds.

Specifically, five minutes ago, the organization withdrew ETH worth $19.77 million (about 6,748 ETH) from a major exchange, then directly transferred it into the Aave protocol as collateral—indicating they are deploying deeper DeFi strategies.

Data shows that Trend Research’s on-chain ETH holdings have expanded to 607,598 ETH, with a total market value surpassing $1.77 billion. Based on the average cost basis, the organization’s average purchase price is approximately $3,111.07 per ETH. At current prices, this position is currently unrealized at a loss of about $117 million—yet they continue to increase their holdings at this price level, demonstrating strong confidence in ETH’s medium- to long-term prospects.

ETH-0.74%
AAVE-2.9%
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FlashLoanLordvip
· 2h ago
The big whale is causing trouble again, eating up so much ETH at once. As a small retail investor, I can only watch and sip the soup...
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AlwaysMissingTopsvip
· 2h ago
This move by the institution is really fearless, directly entering Aave lending... Feels like they're betting on the future market.
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ShitcoinConnoisseurvip
· 2h ago
Buying up ETH again and again, these big whales really aren't afraid of crashing the market.
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StableCoinKarenvip
· 3h ago
Wow, these institutions are starting to hoard ETH again. Is it true? In just 7 hours, they've accumulated over 80 million...
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UncleWhalevip
· 3h ago
Damn, Trend Research's move is too aggressive, holding $1.77 billion worth of ETH? If I were them, I would just go ahead and dream.
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