Odaily Planet Daily reports that on-chain analyst Ai Yi reports that on-chain data shows that Yi Li Hua’s affiliated institution Trend Research has initiated a new round of Ethereum accumulation since early November. Currently, it holds approximately 645,000 ETH (about $2.1 billion), making it the third-largest Ethereum holder after Bitmine and SharpLink. The average acquisition price is $3,299.43, with an unrealized loss of about $242 million. If the plan to “buy an additional $1 billion” is implemented, Trend Research could become the second-largest ETH holder. The main accumulation occurred in November, accounting for over 88%, involving at least 7 major addresses. If Yi Li Hua’s commitment to “buy another $1 billion” is put into action, the holdings could approach 1 million ETH, surpassing SharpLink to become the second-largest ETH holder.
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