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Chinese Firm Trend Research Bets Big on Ethereum with $1 Billion Investment Amid Market Decline

In a bold move during a market downturn, Chinese company Trend Research has announced an additional investment in Ethereum (ETH) worth $1 billion.

Despite incurring unrealized losses of $141 million, the firm continues to accumulate ETH, illustrating its confidence in the cryptocurrency's future.

Recent reports indicate that Trend Research purchased 46,379 ETH for approximately $137 million through a leveraged loan arrangement.

The company utilized 887 million USDT borrowed from Aave, which amounts to nearly double the leverage.

Since November, when Ethereum was priced at $3,400, Trend Research has amassed a total of 580,000 ETH, valued at roughly $1.72 billion.

This substantial acquisition positions Trend Research among the leading Ethereum investors, following notable firms like SharpLink Gaming and BitMine Immersion Technologies.

Notably, Trend Research is a private entity and thus often overlooked in Ethereum treasury rankings.

Founder Jack Yi has vocalized his aspiration to invest a further $1 billion into ETH, emphasizing his belief that it represents a "historic opportunity."

He has also advised other investors against opening short positions, reinforcing his bullish outlook on Ethereum.

As institutional interest in Ethereum persists, Trend Research’s aggressive strategy showcases a diverging approach amidst broader market challenges.