Trend Research bought in 17,899 ETH in one day, with the total holdings surpassing $2 billion

OnChainDetective · 2026-01-20T13:16:11+00:00

Trend Research has been frequently trading on a certain exchange recently, re-entering 7,960 ETH, accumulating a total of 17,899 ETH. The total holdings have reached 644,600 ETH, worth over $2 billion, indicating that institutions continue to be optimistic about Ethereum.

OnChainDetective

2026-01-20 13:16:11

Abstract generation in progress

【ChainWen】An interesting phenomenon has been captured by on-chain data. Trend Research’s recent activity on a major exchange has been quite frequent—just now, they added back 7,960 ETH, worth $24.74 million. Let’s tally their daily performance: they have accumulated a total of 17,899 ETH, spending $55.58 million. Their holdings have expanded to 644,600 ETH, with a total value surpassing $2 billion, and an average cost basis of $3,182. This move indicates that institutions’ appetite for Ethereum has never waned. Behind the continuous large-scale purchases, it’s worth pondering whether they are optimistic about a short-term rebound or long-term holdings.

ETH-6.81%

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GasFeeCryer

· 13h ago

Such a day sweeping 17,899 ETH? They've already placed their bets, and we're still just watching the excitement.

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ThreeHornBlasts

· 13h ago

A daily rush of 55.58 million dollars to buy ETH, this pace feels like bottom-fishing.

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Rugman_Walking

· 13h ago

Sweeping 17,899 ETH in one day? That's quite a feat. It seems that major institutions still have full confidence in Ethereum.

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NeverVoteOnDAO

· 13h ago

A total of 17,899 ETH swept in a day? This move is really outrageous. Is the average cost of 3182 really that low? It feels a bit suspicious. --- Are institutions building positions or dumping? Honestly, I can't understand what they are trying to do with this move. --- With a volume of 2 billion USD, are they treating ETH as a吸盘 (sucker)? Haha. --- Short-term rebound or long-term allocation... Instead of guessing what they want, it's better to get on board yourself. --- $55.58 million eaten in a day. Can players with this kind of capital really change the market? --- Holding position expanded to 640,000 ETH. Who can withstand this? It feels like ETH is about to take off. --- A cost average of 3182 is quite absolute. Could this be the best bottom-fishing point? --- Looking at this operation frequency, Trend Research must have insider information, otherwise they wouldn't dare to do this. --- Always said that institutions are optimistic about ETH. Now there is finally evidence. --- With such aggressive accumulation by big funds, do small investors still have a chance to get on board?

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FomoAnxiety