Trend Research buys 6,379 ETH despite $141M unrealized loss

An address believed to belong to Trend Research, a subsidiary of LD Capital, has purchased an additional 6,379 ETH ($130 million) through a leveraged loan, EmberCN reported. The firm began accumulating ETH last November when the price was $3,400 and now holds a total of 580,000 ETH ($1.72 billion). This latest purchase comes despite the entity facing an unrealized loss of approximately $141 million on its holdings.