Investment firm Trend Research purchased 46,379 ETH on Wednesday, bringing total holdings to 580,000 ETH worth $1.72 billion with plans to buy $1 billion more.
While retail investors fret over Ethereum's price decline, a private investment firm is betting big on the second-largest cryptocurrency.
Trend Research, a secondary investment entity led by LD Capital founder Jack Yi, purchased 46,379 Ether on Wednesday. The acquisition brings the firm's total holdings to approximately 580,000 ETH, valued at roughly $1.72 billion.
The firm now ranks among the largest known corporate Ethereum holders globally. According to CoinGecko data, only two publicly listed companies, SharpLink Gaming with 859,853 ETH and BitMine Immersion Technologies with over 4 million ETH, hold larger positions.
Trend Research began accumulating Ethereum in early November 2025, with the average purchase price estimated around $3,208 per ETH. At current prices near $2,960, the position carries an unrealized loss of approximately $141 million.
The purchase comes during a period of market weakness, with Ethereum down roughly 15% from its December highs. Institutional accumulation during price declines often signals long-term conviction in the asset's fundamental value.
Jack Yi has publicly stated that Trend Research is preparing another $1 billion for ETH purchases and urged traders not to short the asset. The founder has also predicted Ethereum could reach $10,000 by 2026.
According to analyst Lacie Zhang, corporate ETH accumulation of this scale represents "often a strategic play for network dominance" rather than typical dip buying.
Trend Research's continued accumulation could provide price support if selling pressure persists. The firm's use of 2x leverage via Aave to build its position adds an element of risk, particularly if ETH experiences further downside. Market participants will be watching for additional purchases as Yi has signaled an aggressive buying strategy.
This is a breaking story. Trend Research's accumulation strategy represents one of the largest private institutional bets on Ethereum during the current market correction.
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Disclaimer: News content is for informational purposes only and should not be considered financial advice. Market conditions can change rapidly. Always conduct your own research.
