PANews reported on December 25th that, according to AiYi's analysis of on-chain data, Trend Research, an institution under Yi Lihua, began a new round of EthereumPANews reported on December 25th that, according to AiYi's analysis of on-chain data, Trend Research, an institution under Yi Lihua, began a new round of Ethereum

Data: Trend Research currently holds approximately 645,000 ETH, with a paper loss of approximately $242 million.

2025/12/25 17:00

PANews reported on December 25th that, according to AiYi's analysis of on-chain data, Trend Research, an institution under Yi Lihua, began a new round of Ethereum accumulation in early November. It currently holds approximately 645,000 ETH (about $2.1 billion), making it the third largest Ethereum holder after Bitmine and SharpLink. Its average purchase price was $3299.43, and it currently has a paper loss of approximately $242 million.

If the plan to "buy another $1 billion" is implemented, Trend Research may become the second largest holder of ETH. The majority of its holdings were concentrated in November, accounting for over 88% of the total, and involved at least seven major addresses.

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