Trend Research Defies $141M Loss with Massive 6,379 ETH Purchase

BitcoinWorld Trend Research Defies $141M Loss with Massive 6,379 ETH Purchase In a move that’s turning heads across the cryptocurrency space, Trend Research has just executed a massive Ethereum purchase despite facing significant paper losses. The institutional investor, believed to be a subsidiary of LD Capital, acquired an additional 6,379 ETH worth approximately $130 million through a leveraged loan. This bold Trend Research ETH purchase strategy reveals much about institutional confidence in Ethereum’s long-term potential, even during challenging market conditions. Why Is Trend Research Doubling Down on ETH? The latest Trend Research ETH purchase represents a continuation of an accumulation strategy that began last November when Ethereum traded around $3,400. According to reports from AmberCN, the entity now holds a staggering 580,000 ETH valued at $1.72 billion. What makes this transaction particularly noteworthy is the context: Trend Research currently faces an unrealized loss of approximately $141 million on its existing...

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