Analysts: If Yi Lihua fulfills his promise to "buy another $1 billion," Trend Research will become the second-largest holder of ETH.

According to Odaily Planet Daily, on-chain analyst Ai Yi reports that Trend Research, an institution under Yi Lihua, began a new round of Ethereum accumulation in early November. It currently holds approximately 645,000 ETH (about $2.1 billion), becoming the third largest Ethereum holder after Bitmine and SharpLink. Its average purchase price was $3299.43, and it currently has a floating loss of approximately $242 million. If the "another $1 billion purchase" plan is implemented, Trend Research may become the second largest ETH holder. The main accumulation was concentrated in November, accounting for over 88% of the total, utilizing at least seven major addresses. If Yi Lihua's promise to "buy another $1 billion" is fulfilled, the holding may approach 1 million ETH, surpassing SharpLink to become the second largest ETH holder.