tldr; Trend Research has become one of Ethereum’s largest whales by purchasing 46,379 ETH, raising its holdings to approximately 580,000 ETH. This makes it one of the largest non-public Ethereum treasuries, surpassing most public companies except SharpLink Gaming and BitMine Immersion Technologies. The firm, associated with LD Capital founder Jack Yi, plans further ETH acquisitions, with $1 billion allocated for future purchases. This strategic accumulation aims to dominate Ethereum’s network and leverage staking rewards for long-term gains.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
1 Comment
tldr; Trend Research has become one of Ethereum’s largest whales by purchasing 46,379 ETH, raising its holdings to approximately 580,000 ETH. This makes it one of the largest non-public Ethereum treasuries, surpassing most public companies except SharpLink Gaming and BitMine Immersion Technologies. The firm, associated with LD Capital founder Jack Yi, plans further ETH acquisitions, with $1 billion allocated for future purchases. This strategic accumulation aims to dominate Ethereum’s network and leverage staking rewards for long-term gains.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.