Trend Research openly long ETH: currently holds 142000 ETH coins, with a floating profit of $42.35 million

According to BlockBeats, on May 28th, Trend Research stated on social media that a whale/institution address with 142000 ETH held recently detected by on chain data analysts belongs to Trend Research. Trend Research stated that the institution started building long positions from ETH $1400 in this round, and wrote a research report at $1800 to be listed as bullish on the institution's entire network. According to analyst @ ai_9684xtpa monitoring, Trend Research currently holds 142137 ETH worth $374 million at its address, with a cumulative profit of approximately $66.08 million, of which $42.35 million is a floating profit. Since December 20, 2024, the institution has purchased 181662 ETH from Binance, OKX, and on chain at an average price of $2340, with a total value of up to $425 million; Among them, 32498 have been recharged into the trading platform or sold directly on the chain, with a suspected selling price of $3070.