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NEW
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Top asset management team helps you profit without hassle
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Trend Research's Ethereum Holdings have surpassed The Ether Machine, only behind Bitmine and SharpLink.
On December 24, according to data from strategicethreserve, the following entities rank among the top public holdings of Ethereum by treasury companies and institutional holdings: Bitmine Immersion Tech (BMNR) ranks first, currently holding 4.07 million ETH, valued at approximately 1.197 billion USD; SharpLink Gaming (SBET) ranks second, currently holding 863,020 ETH, valued at approximately 254 million USD; The Ether Machine (ETHM) ranks third, currently holding 496,710 ETH, valued at approximately 146 million USD; previously reported, Trend Research, a secondary investment institution under Yi Lihua, has continued to increase its holdings by 46,379 ETH valued at approximately 13.7 million USD through leveraged borrowing today. Trend Research started to buy the dip on ETH at the beginning of November when the price was 3,400 USD, and so far has purchased approximately 580,000 ETH, with a total value of approximately 1.72 billion USD, at an average cost of about 3,208 USD, with the current position expected to have unrealized losses of about 14.1 million USD. Trend Research's Ethereum holdings exceed those of The Ether Machine, only behind Bitmine and SharpLink. In addition, Yi Lihua announced, “Trend Research is preparing another 1 billion USD to continue increasing its purchase of ETH.”