Trend Research 'Bullish' on 2026, Buys $35M Ether to Reach $1.8B
Summary
Hong Kong-based Trend Research continues to accumulate Ether, recently acquiring $35 million worth, bringing its total holdings to over 601,000 ETH valued at approximately $1.83 billion. The firm, which has borrowed $958 million in stablecoins from Aave, maintains an average ETH purchase price of around $3,265. Founder Jack Yi expressed a “bullish” outlook for the first half of 2026, intending to continue buying Ether until the bull market arrives, with a significant focus on ETH and the World Liberty Financial (WLFI) token. This strategy contrasts with predictions from FundStrat Global Advisors, who anticipate a price drop to $1,800-$2,000 for Ether in the first half of 2026, despite their chairman also leading the largest corporate Ether holder, BitMine. Furthermore, data from Nansen indicates that 'smart money' traders were net short on Ether, though recent data shows a slight increase in long positions.
(Source:Cointelegraph)