$ETH Trend Research's recent activities in the Ethereum market have attracted attention. This research institution under Yilihua has become the third largest holder of ETH, with on-chain wallets showing a current holding of 645,526 ETH, worth approximately $2.13 billion.

From the perspective of accumulation pace, since November 2nd, Trend Research has launched a new round of Ethereum deployment. Data shows they have withdrawn a total of 715,526 ETH from exchanges, equivalent to $2.36 billion. However, between November 15-16, the institution deposited $70,000 worth of ETH into Binance, so the actual holdings are slightly less than the total withdrawn.
This scale is already quite substantial. In the overall Ethereum holding landscape, it ranks second only to Bitmine and SharpLink, becoming the third largest holder in the market. It is worth mentioning that Yiboss previously publicly stated plans to buy an additional $1 billion worth of ETH. If this commitment is truly put into action, their holdings could approach 1 million ETH, potentially surpassing SharpLink to become the second largest holder.
From taking profits in October to the current new round of accumulation, this institution's operational strategy is clear — seeking opportunities amid market volatility. Every move they make is recorded on the blockchain, allowing investors to track these major players' holdings changes and cost basis in real time.