Overview
- On-chain data shows a 11,520 ETH purchase lifted Trend Research’s holdings to 601,074 ETH, valued at about $1.83 billion.
- The firm has borrowed roughly $958 million in stablecoins on Aave to fund a leveraged accumulation strategy that recycles ETH collateral for additional buys.
- Lookonchain data indicates an average entry price near $3,265 per ETH, concentrating exposure near current levels and increasing liquidation sensitivity.
- Trend Research is reported as the third-largest corporate Ether holder, contrasting its leverage-heavy approach with peers that favor steadier dollar-cost averaging.
- Market context remains cautious, with Nansen tracking professional traders net short and an internal Fundstrat note projecting a possible Q1 2026 trough near $1,800.