Trend Research Expands Ethereum Holdings to Nearly $1.8 Billion
- Trend Research has accumulated a total of 601,074 ETH, valued at approximately $1.83 billion.
- The firm has borrowed about $958 million in stablecoins from the Aave lending market to finance its purchases.
- Average purchase price for acquired ETH is estimated at $3,265 based on withdrawal data from Binance.
- Jack Yi, founder of Trend Research, emphasizes a bullish outlook for the first quarter of a potential bull market in 2026.
- BitMine has also been accumulating ETH and recently staked $1 billion worth into Ethereum’s Proof-of-Stake system.
As Ethereum approaches significant upgrades and increased activity among treasury firms, its price fluctuated around $2,964 after recovering past the $3,000 mark.
With Trend Research’s holdings now totaling over $1.8 billion, their strategy reflects confidence in the upcoming market conditions for Ethereum in early 2026. (Source)