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

NonFungibleDegen · 2025-12-29T12:28:10+00:00

Trend Research recently purchased 27,598 ETH, investing approximately $83.05 million, demonstrating continued confidence in Ethereum. Its total on-chain holdings have increased to 607,598 ETH, and despite currently experiencing an unrealized loss of about $117 million, it remains actively deploying DeFi strategies.

NonFungibleDegen

2025-12-29 12:28:10

Abstract generation in progress

【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.

ETH0,03%

AAVE-2,33%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

10 Likes