LD Capital’s Trend Research Boosts Ethereum Holdings by 9,001 ETH Amid Market Dip

LD Capital’s Trend Research strategically expanded its Ethereum holdings by acquiring an additional 9,001 ETH valued at approximately $22.72 million amid recent market fluctuations, as reported by Chainnews. This move followed a calculated borrowing of 42.1 million USDT from the decentralized lending platform Aave, which was subsequently transferred to Binance to facilitate the purchase and withdrawal of the ETH tokens.

Currently, Trend Research’s portfolio comprises around 182,000 ETH, amassed at an average cost near $2,250 per token. The firm’s position reflects a significant unrealized gain estimated at $32.6 million, underscoring its effective capital deployment during market volatility. This transaction highlights the growing trend of leveraging decentralized finance protocols to optimize asset acquisition strategies within the crypto investment landscape.