On December 24, according to on-chain analyst Yu Jin's monitoring, the secondary investment institution Trend Research under Yili Hua continued to increase its holdings by 46,379 ETH, worth approximately 137 million dollars, through borrowing leverage today.


Trend Research started buying ETH at the beginning of November when the price was $3,400. So far, approximately 580,000 ETH have been purchased, with a total value of about $1.72 billion. The average cost price is around $3,208, and the current position is expected to have an unrealized loss of about $141 million.
Trend Research has used borrowing leverage to purchase ETH, borrowing a total of 887 million USDT from Aave, with a leverage ratio of about 2 times.
ETH2,24%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
AsiaticTreatyvip
· 2025-12-25 04:11
Ethereum definitely won't go up
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)