Trend Research currently holds 651,300 ETH valued at $1.92 billion with an average acquisition price of about $3,180 per ETH. Given Ethereum's current price of $2,850, the fund is experiencing an unrealized loss totaling approximately $215 million. This highlights the impact of recent price declines on large institutional ETH holders.
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Trend Research Faces $215 Million Unrealized Loss on Ethereum Holdings
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