In the current crypto market volatility, a significant move is unfolding in institutional corridors. Trend Research, a private investment firm, is making major moves by buying Ethereum continuously. On-chain data depicts that Trend Research continuously borrows stablecoins, a total of $958 million in stablecoins, which is $USDT to buy ETH. As it currently holds 601,074 $ETH, totalling $1.83 billion in value.
Strategic Accumulation Amid Uncertainty
As Ethereum is currently hovering at $3,015.13, which is up about 2. 75%, as its 24-hour trading volume has risen 137.36%, However, on 7D chart, ETH remains down 0.77%, according to CoinMarketCap data at the time of writing.
When analysing using indicator, MACD(Moving Average Convergence Divergence), the MACD line crosses below the signal line, which is a bearish sign, potentially a sell signal.
Despite the current bearish market mood, the Trend Research firm has been aggressively purchasing ETH from Binance at an average price of around $3,265, placing it as the third-largest institutional ETH holder behind BitMine and SharpLink Gaming.
As the Blockchain data from Arkham reveals a continuous pattern of financial movements, USDT borrowed from Aave is transferred to Trend Research wallets before being routed to Binance, where it is used to buy Ethereum.
This means they are using borrowed funds, or leverage, to invest in Ethereum, something many traditional investors avoid because of concerns about limited market liquidity, but this shows Ethereum’s dual role as both a financial asset and a technology protocol.
Further, the founder of Trend Research, Jack Yi, posted a tweet on his X handle stating that they are not worried about fluctuations and they will keep buying Ethereum with maximum position until the bull market arrives in 2026.
With that, On-chain metrics show Trend Research continues to follow its accumulation strategy, boosting its ETH position despite uncertain market conditions. It is uncertain whether this technique will serve as a catalyst for a broader market turnaround or as a standalone institutional investment.
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