"Trend Research, signs of an additional purchase of 6,748 Ethereum…unrealized loss about 168.3 billion won"
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- Trend Research said it expanded its holdings by additionally acquiring 6,748 Ethereum.
- On-chain Ethereum holdings increased to 607,598, and the estimated value is about 1.77 billion dollars.
- It said an estimated unrealized loss of about 117 million dollars (about 168.3 billion won) has occurred based on current market prices.
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
The cryptocurrency-focused investment firm Trend Research, under LD Capital, expanded its on-chain holdings by additionally acquiring Ethereum.
According to on-chain analyst Ai, Trend Research withdrew about 6,748 Ethereum (ETH) worth about 19.77 million dollars that day and deposited it as collateral on Aave.
Ai's analysis indicates that Trend Research net accumulated a total of 27,598 ETH (about 83.05 million dollars) over the past seven hours. As a result, on-chain Ethereum holdings increased to 607,598 ETH, with an estimated value of about 1.77 billion dollars.
The average purchase price is estimated at about 3111.07 dollars. Based on current market prices, it was calculated that an unrealized loss of about 117 million dollars (about 168.3 billion won) is being recorded.
