TrendResearch Confirmed as Recent Large Buyer of ETH
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According to MetaEra news on May 27 (UTC+8), investment firm Trend Research recently confirmed its active buying position in the Ethereum market. The firm stated that it began accumulating at the $1400 ETH price level and released an analysis report at $1800. On-chain data shows that the related addresses recently used 23 million USDT through four wallets to purchase 8,846.5 ETH at an average price of $2600, with the current holdings reaching 133,600 ETH (approximately $358 million). These addresses are using the Aave platform to collateralize ETH for lending operations. Trend Research acknowledged these as its institutional addresses, currently holding over 130,000 ETH, and stated that they "remain optimistic about the future price potential of ETH and related blue-chip assets." (Source: Trend Research)
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