On February 8, on-chain analyst Ai Yi disclosed that Trend Research sold 658,168.58 ETH worth $1.354 billion over eight consecutive days. The average sale price was $2,058.05, compared to an acquisition cost of $3,104.36 per ETH, leading to a $688 million realized loss. This divestment erased $315 million in prior gains, resulting in a total net loss of $373 million for the firm.