Trend Research Holds 644,600 ETH Worth $2 Billion, Says Arkham

Trend Research Holds 644,600 ETH Worth $2 Billion, Says Arkham

Arkham data shows Trend Research expanded its Ethereum holdings to over 644,000 ETH valued at $2B, following a fresh $55.58M purchase including multimillion-dollar Binance withdrawals.

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Fact Check
The provided sources consistently and strongly support the core claims of the statement. All five sources confirm that the entity 'Trend Research' holds a significant amount of ETH, and they all attribute this information to 'Arkham' or 'Arkham Monitor'. Four of the five sources explicitly state the holding is exactly 626,700 ETH. The only discrepancy is the valuation. The statement claims a value of $2.01 billion, whereas the sources that mention a value (CoinGecko, Phemex, Cointech2u) all cite $2.086 billion. This is a minor difference that can be easily explained by the price volatility of Ethereum at different times of reporting. The fundamental and less-volatile facts—the source of the data (Arkham), the entity (Trend Research), and the amount of ETH held (626,700)—are overwhelmingly corroborated across multiple, independent sources, including the high-authority source from CoinGecko. Therefore, the statement is substantially true, with a minor and explainable inaccuracy in the dollar valuation.
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Summary

Arkham reports that Trend Research, led by Yi Lihua, has increased its Ethereum holdings to 644,600 ETH worth approximately $2 billion, up from 626,778.65 ETH. The latest acquisition includes 17,899 ETH purchased today for $55.58 million, with 7,960 ETH worth $24.74 million withdrawn from Binance. The firm’s average acquisition cost now stands at $3,182 per token. This follows its Jan. 20 borrowing of 10 million USDT from Aave to Binance, likely aimed at expanding its Ethereum position.

Terms & Concepts
  • ETH (Ethereum): The native cryptocurrency of the Ethereum blockchain, used for transactions, smart contracts, and decentralized applications.
  • Unrealized Profit: The potential gain on holdings based on current market value, not yet secured through a sale.
  • USDT (Tether): A stablecoin pegged to the US dollar, widely used for trading and transfers in cryptocurrency markets.