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.
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