Analysis: Trend Research's average holding cost for ETH is approximately $3,299.43, with an unrealized loss of about $242 millions.
According to Deep Tide TechFlow, on December 25, on-chain analyst Ai Aunt (@ai 9684xtpa) monitored that Trend Research, an institution under Yilihua, currently holds 645,526 Ethereum (ETH) on-chain, with a total value of approximately $2.13 billion, making it the third largest ETH holding entity. Since November 2, the institution has started a new round of ETH accumulation, withdrawing a total of 715,526 ETH (about $2.36 billion) from exchanges, but deposited some ETH back to an exchange between November 15-16. Currently, its average ETH holding cost is about $3,299.43, with an unrealized loss of approximately $242 million. During the accumulation period, the lowest ETH price was $2,684.63, and the highest reached $3,903. In recent days, the single-day increase in holdings reached $137 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Due to drastic changes in market conditions, Solmate cancels merger with RockawayX
Addresses holding between 1,000 and 100,000 BTC have recently accumulated 40,000 BTC.
Two addresses opened a 60,000 ETH long position and a 30,000 ETH short position on Hyperliquid today.
Strategy increased its Bitcoin holdings by 1142 coins last week.
