Trend Research Ethereum Holdings Surpass Ethereum Treasury Company The Ether Machine, Behind Only Bitmine and SharpLink

BlockBeats News, December 24th, according to strategicethreserve data, the following are the publicly held Ethereum treasuries and institutional holdings leading entities:

Bitmine Immersion Tech (BMNR) ranks first, currently holding 4.07 million ETH, worth approximately $11.97 billion;

SharpLink Gaming (SBET) ranks second, currently holding 863,020 ETH, worth approximately $2.54 billion;

The Ether Machine (ETHM) ranks third, currently holding 496,710 ETH, worth approximately $1.46 billion;

Earlier reports stated that Trend Research, a subsidiary investment institution under Easyway, continued to increase its holdings by 46,379 ETH worth approximately $137 million today through leveraged loans. Trend Research started bottom fishing ETH at the beginning of November when the price was $3,400. As of now, they have purchased a total of approximately 580,000 ETH, with a total value of around $1.72 billion and an average cost of around $3,208. The current position is estimated to have an unrealized loss of about $141 million.

Trend Research's Ethereum holdings exceed The Ether Machine and are second only to Bitmine and SharpLink. In addition, Easyway announced that "Trend Research is ready to invest another $1 billion to continue buying ETH on this basis."