Trend Research Exits $2.1 Billion Ethereum Position, Records $869 Million Profit

Trend Research, led by Jack Yi, closed its remaining Ethereum position on Sunday, Arkham data show. The firm had built a position worth up to $2.1 billion at its peak, making it Asia's largest ETH long holder. Arkham data show Trend Research's onchain accounts are now fully cleared, with a final profit and loss of $869 million.