Trend Research's ETH Holdings Generate Approximately $65 Million in Unrealized Gains

ChainDoctor · 2026-01-21T18:16:02+00:00

Trend Research, part of Yilihua, holds 626,700 ETH tokens valued at about $2.01 billion. Despite this substantial investment, their unrealized profit has dropped to $65 million amid market pressures, illustrating the challenges faced by large institutional holders.

ChainDoctor

2026-01-21 18:16:02

Abstract generation in progress

Arkham blockchain data reveals that Trend Research, an arm of Yilihua, currently maintains a substantial position in Ethereum with 626,700 ETH tokens. According to the latest data snapshot from January 19, this massive holding carries an average acquisition cost of approximately $3,105.5 per token, valuing the total position at around $2.01 billion.

The crypto asset holding landscape has shifted significantly for this major market participant. With Ethereum’s recent price movement, Trend Research’s unrealized profit on this sprawling ETH portfolio has compressed to approximately $65 million—a notable squeeze on what was likely a much healthier margin when the position was first accumulated at its historical average cost.

This relatively modest profit margin on a $2.01 billion investment underscores the market pressures facing large institutional holders. For a position of this scale, maintaining approximately $65 million in paper gains reflects the challenging environment that Ethereum has navigated since these tokens were initially acquired, highlighting how even billion-dollar portfolios can experience significant margin compression during market downturns.

ETH1.43%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.