The recent rapid loss of value in Ethereum has led major crypto companies to make critical decisions regarding asset management. Trend Research, which operates in the field of crypto treasury management, significantly reduced its position by moving a large amount of Ether to the exchanges following the fluctuation in the market.
Trend Research Sells Large Amounts of Ether
When Trend Research’s blockchain data was examined, it was observed that the company had approximately 651 thousand Ether on Aave at the beginning of last week, while this amount decreased to 247 thousand at the end of the week. It is understood that more than 400 thousand Ether changed hands in just one week. This step of the company was taken when the Ether price in the market dropped by nearly 30 percent on a weekly basis, putting its leveraged positions at risk.
Leveraged Investments Under Pressure
Within the scope of the strategy managed by Jack Yi, the founder of Trend Research, it is known that the company borrowed stable cryptocurrencies by using Ether as collateral in various protocols and purchased Ether again with the funds it obtained. After the sharp decline in prices, approaching various liquidation levels became decisive in the company’s moves.
According to the data shared by analytical platforms, Trend Research was affected by the rapid decline in the market and had to reduce a significant part of its position in a short time. It is stated that price levels between 1,562 and 1,698 dollars in the company’s leveraged positions increase the risk of automatic collateral sales.
Jack Yi stated that he predicted that the market base would be formed sooner, but that he was monitoring the process to manage the risks. Yi stated that they were prepared for the possibility of recovery.
Trend Research’s Ether accumulation process began after the $19 billion crypto asset liquidations in October 2025. In December, the company became one of the world’s largest Ether investors. However, since the company is not listed among public companies, these assets are not included in official reports.
BitMine Facing a Loss of $7 Billion
Another corporate actor affected by the sharp decline in Ether price was BitMine Immersion Technologies. The company, run by Tom Lee, has approximately 4.28 million Ether on its balance sheet. With the recent price movement, BitMine has more than $7 billion in unrealized losses.
BitMine switched from Bitcoin mining to an Ethereum-focused strategy in 2025. It is stated that the company made its purchases at an average price range of 3,800-3,900 dollars and is one of the largest institutional investors on a global scale in this field. The decline in Ether price caused both BitMine’s portfolio and share value to weaken.
While Tom Lee argued that the fundamentals of Ethereum are strengthening, he stated that the increase in transaction volume and the number of active addresses increased.
The company holds approximately 3.5 percent of the Ethereum supply and maintains its goal of increasing this percentage to 5 percent. It was also reported that BitMine is preparing to launch its own validator network in 2026. These steps of the company, aiming to expand in the Ethereum ecosystem, brought back to the agenda the importance of diversity and risk management in institutional investor strategies.
