Trend Research's Ethereum Holdings Reach 580,000 ETH Worth $1.72 Billion, Rank Third Among Corporate Holders

Trend Research has accumulated approximately 580,000 ETH valued at roughly $1.72 billion since early November at an average cost of around $3,208 per ETH, with an estimated unrealized loss of about $141 million, strategicethreserve data cited by BlockBeats show. The firm recently added 46,379 ETH worth approximately $137 million using leveraged borrowing, bringing its total holdings above treasury company The Ether Machine, which holds 496,710 ETH valued at around $1.46 billion. Trend Research now ranks third behind Bitmine Immersion Tech with 4.07 million ETH (about $11.97 billion) and SharpLink Gaming with 863,020 ETH (about $2.54 billion). Yi Lihua stated Trend Research is preparing an additional $1 billion to further increase its ETH exposure.