Trend Research Faces $143M Loss on Ethereum Holdings, Plans $1B Investment

Trend Research’s recent $34.93M Ethereum purchase increases its holdings to 580,000 ETH across six addresses, as Yi Lihua commits to a $1 billion ETH investment by 2026 despite significant losses.

ETH

Summary

Trend Research purchased 11,520 ETH on December 29 for approximately $34.93 million. As of December 25, Lookonchain data shows the firm held 580,000 ETH across six major addresses. Previously, an analyst reported that Trend Research holds 645,000 ETH with an unrealized loss of $143 million. Yi Lihua has pledged to invest another $1 billion in Ethereum by 2026, potentially making the firm the second-largest ETH holder. Separately, Trip.com began accepting stablecoin payments for travel bookings.

Terms & Concepts
  • Ethereum (ETH): A decentralized blockchain platform that enables smart contracts and decentralized applications, with ETH serving as its native cryptocurrency.
  • Stablecoin: A cryptocurrency designed to maintain a stable value by pegging to a reserve asset such as the U.S. dollar.