according to on-chain analyst Ai Yi, on-chain data shows that Trend Research, an institution under Yili Hua, started a new round of Ethereum accumulation in early November. It currently holds about 645,000 ETH (approximately 2.1 billion USD), becoming the third-largest Ethereum holder after Bitmine and SharpLink. Its average purchase price is $3299.43, with a current unrealized loss of about 242 million USD. If the "buy another 1 billion USD" plan is implemented, Trend Research may become the second-largest ETH holder. The main accumulation was concentrated in November, accounting for over 88%, utilizing at least 7 major addresses. If Yili Hua's commitment to "buy another 1 billion USD" is carried out, the holdings may approach 1 million ETH, surpassing SharpLink to become the second-largest ETH holder.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
Analysts: If Yi Lihua fulfills his promise to "buy another $1 billion," Trend Research will become the second-largest holder of ETH.
-
Wechat scan to share
Recommended for you
-
Japanese listed company ANAP Holdings increased its holdings of Bitcoin by 127.73.
according to market sources, Japanese listed company ANAP Holdings has disclosed an increase in its Bitcoin holdings by 127.73 coins. As of now, the company's total Bitcoin holdings have reached 1,346.58 coins, valued at approximately 118 million USD. -
-
EMC Labs ·
Interest rate cut expectations are priced in at 75 basis points this year; BTC rises 3.77% this week; Altseason proceeds smoothly.
The market may experience fluctuations after next week's interest rate cut, but this will not change the medium- to long-term positive outlook.
-
EMC Labs ·
How to cope with the BTC cycle under the heavy pressure of the cyclical "curse"? (October 13-19)
With the US-China trade war easing, BTC has once again fallen to the bull-bear dividing line, and the cyclical pattern is driving clear signs of a "top".
-
EMC Labs ·
Multiple positive factors have combined to temporarily stabilize BTC, but the predicament remains unresolved (October 20-26).
Risk appetite has not yet improved, and funding in the crypto market remains extremely tight.
-
EMC Labs ·
Passion is being curbed, and BTC is showing signs of a "bear market reversal".
With the resumption of interest rate cuts, BTC initiated a new round of gains, but the turmoil caused by the "reciprocal tariff war" black swan event stifled market enthusiasm, and "cyclical"
-
EMC Labs ·
BTC has fallen to its technical limit, and the bull market is hanging by a thread (November 3-9).
The answer will be given within the next 1-2 weeks.
-
EMC Labs ·
The Fed's hawkish stance triggered panic selling, pushing BTC into a technical bear market (November 10-17).
On the daily chart, the "bull-bear reversal" has been confirmed.
-
EMC Labs ·
Beset by internal and external troubles, BTC has experienced a catastrophic crash, and a December interest rate cut may be the only turning point (November 17-23).
This week saw the largest loss since the beginning of the period, with the price of BTC remaining below the 360-day moving average for two consecutive weeks.
-
EMC Labs ·
Repricing + High Turnover: The Logic and Reflections on BTC's November Plunge
Short- to medium-term liquidity changes, coupled with internal dynamics, drove BTC to its second-largest monthly drop in this cycle in November.
Daily Must-Read
-
Monetizing Personal Data: How BeFlow Turns Every Purchase into a “Digital Asset”
-
MSCI’s crypto treasury rules could spur $15B of forced selling
-
US Fed pulls guidance blocking its banks from engaging with crypto
-
Ethereum could get faster in January with gas limit rise to 80M
-
Lightning Network hits record capacity on crypto exchange adoption
-
Strategy won’t be forced to sell Bitcoin if stock drops, Bitwise CIO says
All Comments