Trend Research Prepares $1B for Ethereum Accumulation
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Trend Research, led by LD Capital founder Jack Yi, acquired 46,379 ETH today, bringing its total holdings to roughly 580,000 ETH. The firm started buying in November around $3,400 per ETH, with an estimated unrealized loss of $141M.Yi revealed that Trend Research is preparing another $1 billion for further ETH purchases and urged traders not to short the asset, showing continued confidence in Ethereum’s long-term prospects.