▶︎ Another $1 Billion Purchase ▶︎ Third Largest Ethereum Holder ▶︎ Single-Day Increase of $137 Million in ETH Trend Research, an institution under Yi Lihua, now holds $645,000 worth of ETH on-chain, worth over $2.1 billion. What is their approximate cost? What is their entry address? What is their recent purchase activity? This is a summary post; is it just talk or real buying? We'll give you a 5-minute overview 🧵👇

3/ ETH Cost Based on exchange withdrawal prices, Trend Research's current average cost for the 645,000 ETH held is approximately $3299.43, meaning this portion of tokens has a paper loss of $242 million. Regarding the $2700 ETH cost mentioned by @Jackyi_ld, the lowest cost during the November accumulation period was indeed $2684.63 (around November 21st), but due to the long accumulation period, they were continuously buying throughout, with the lowest price around $2700 and the highest $3903. x.com/Jackyi_ld/status/1992479...… Let's break down the purchases by month; we'll find that most of the accumulation was concentrated in November, accounting for over 88%. 🔸 November: 630,571.5 ETH were withdrawn between November 2nd and November 21st, worth $2.1 billion, at an average price of $3337.39. 🔹 12 December: 84,954.4 ETH were withdrawn between December 14th and 23rd, valued at $256 million, with an average price of $3017.73.

4/ Entry Addresses The following 7 addresses collectively hold 628,309 ETH on-chain and have lent out $917 million worth of stablecoins. They can be considered the main addresses for this round of entry. Details are as follows: 0xb8551abd2bb66498f6d257ae181d681fd2401e8a 0x8fdc74bad4aa20904a362d4b69434a0cf4d97f43 0xe5c248d8d3f3871bd0f68e9c4743459c43bb4e4c 0xfaf13 58fe6a9fa29a169dfc272b14e709f54840f 0x6e9e81efcc4cbff68ed04c4a90aea33cb22c8c89 0x85e05c10db73499fbdecab0dfbb794a446feeec8 0x9fc3dc011b461664c835f2527fffb1169b3c213e

Correction: Thanks to @uhonyn for the reminder, address 0x9fc3dc011b461664c835f2527fffb1169b3c213e does not belong to Trend Research. It seems I accidentally copied it into an open window 🥹. Therefore, these are six main addresses for building positions, currently holding a total of 580,000 ETH. All other addresses are fine.