{"id":890865,"date":"2026-02-07T23:12:15","date_gmt":"2026-02-08T05:12:15","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/02\/07\/trend-research-slashes-ether-holdings-after-market-crash-to-repay-loans\/"},"modified":"2026-02-07T23:12:15","modified_gmt":"2026-02-08T05:12:15","slug":"trend-research-slashes-ether-holdings-after-market-crash-to-repay-loans","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/02\/07\/trend-research-slashes-ether-holdings-after-market-crash-to-repay-loans\/","title":{"rendered":"Trend Research Slashes Ether Holdings After Market Crash to Repay Loans"},"content":{"rendered":"<div>\n<div>\n<div>\n<p><img decoding=\"async\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2025\/04\/23090551\/ayan-150x150.jpg\" alt>\n                    <\/p>\n<p>Crypto Journalist<\/p>\n<div>\n<p>Amin Ayan<\/p>\n<div>\n<div>\n<p><img decoding=\"async\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2025\/04\/23090551\/ayan-150x150.jpg\" alt>\n                <\/p>\n<div>\n<div>\n<p>Crypto Journalist<\/p>\n<p><span>Amin Ayan<\/span><span class><img decoding=\"async\" src=\"https:\/\/cryptonews.com\/wp-content\/themes\/cryptonews\/images\/verification.svg\" alt=\"Verified\"><\/span>\n                    <\/p>\n<\/p><\/div>\n<div>\n<p>Part of the Team Since<\/p>\n<p>Apr 2025<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div>\n<p>About Author<\/p>\n<p>Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24\/7 Wall St. He has&#8230;<\/p>\n<\/p><\/div>\n<\/div><\/div>\n<\/p><\/div>\n<div>\n<p>Last updated:\u00a0<\/p>\n<p><time datetime=\"2026-02-07T09:06:00+00:00\">February 7, 2026<\/time>\n        <\/p>\n<\/p><\/div>\n<\/div>\n<p><img loading=\"lazy\" width=\"1200\" height=\"673\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2026\/02\/07075108\/1770450668-image-1770450553782_optimized.jpg\" alt=\"Trend Research Slashes Ether Holdings After Market Crash to Repay Loans\" decoding=\"async\"  ><\/p>\n<p>Crypto treasury firm Trend Research has sharply reduced its Ether position following the recent market downturn, moving large amounts of ETH to exchanges as it works to service outstanding debt.<\/p>\n<div>\n<p><strong>Key Takeaways:<\/strong><\/p>\n<ul>\n<li><span>Trend Research sold over 400,000 ETH and moved large holdings to exchanges to manage debt after the price drop.<\/span><\/li>\n<li><span>Ether\u2019s nearly 30% weekly decline pushed leveraged positions close to liquidation thresholds.<\/span><\/li>\n<li><span>The downturn is also hitting other corporate ETH treasuries, highlighting risks of concentrated crypto holdings.<\/span><\/li>\n<\/ul>\n<\/div>\n<p>Blockchain data shows the firm held roughly 651,170 Ether on Sunday in the form of Aave-wrapped ETH. By Friday, the balance had fallen to about 247,080 ETH, a drop of more than 404,000 tokens in less than a week.<\/p>\n<p>Onchain <a href=\"https:\/\/intel.arkm.com\/explorer\/entity\/trend-research\" target=\"_blank\">analytics platform Arkham reported<\/a> that 411,075 ETH has been transferred to Binance since the start of the month.<\/p>\n<h2>Ether Drops Nearly 30% in a Week Before Partial Rebound<\/h2>\n<p>The movements coincided with a steep decline in Ether\u2019s price, which slid nearly 30% over the past week to a low near $1,748 before recovering to around $1,967.<\/p>\n<p>Trend Research built its position using a leveraged strategy. The company, linked to Liquid Capital founder Jack Yi, purchased Ether and posted it as collateral on the lending protocol Aave to borrow stablecoins, then used the borrowed funds to buy additional ETH.<\/p>\n<p>The falling market has placed the position under pressure. According to Lookonchain, the firm faces several potential liquidation levels between $1,698 and $1,562, meaning further price declines could trigger automatic collateral sales on the lending platform.<\/p>\n<figure>\n<div>\n<blockquote data-width=\"550\" data-dnt=\"true\">\n<div lang=\"en\" dir=\"ltr\">\n<p>Three major on-chain liquidation zones on <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\" target=\"_blank\">$ETH<\/a>.<\/p>\n<p>Trend Research holds 356,150 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\" target=\"_blank\">$ETH<\/a>($671M), with liquidation prices between $1,562 and $1,698.<\/p>\n<p>Joseph Lubin and two unknown whales hold 293,302 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\" target=\"_blank\">$ETH<\/a>($553M), with liquidation prices between $1,329 and $1,368.<\/p>\n<p>7 Siblings holds\u2026 <a href=\"https:\/\/t.co\/GFwEAZSodC\" target=\"_blank\">pic.twitter.com\/GFwEAZSodC<\/a><\/p>\n<\/div>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/2019691327328514248?ref_src=twsrc%5Etfw\" target=\"_blank\">February 6, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Yi <a href=\"https:\/\/x.com\/Jackyi_ld\/status\/2019295417528398006\" target=\"_blank\">acknowledged in a post on X<\/a> that his earlier call on the market bottom came too soon but said he remains optimistic and will continue managing risk while waiting for a recovery.<\/p>\n<p>Trend Research first drew attention after the $19 billion crypto liquidation cascade in October 2025, when it began aggressively accumulating Ether.<\/p>\n<p>At one point in December, the firm would have ranked among the largest holders of ETH globally, although it does not appear on most public corporate treasury trackers because it is privately held.<\/p>\n<h2>BitMine\u2019s $7B Paper Loss Tests Corporate Ethereum Treasury Strategy<\/h2>\n<p>BitMine Immersion Technologies, led by Fundstrat\u2019s Tom Lee, is also under pressure after Ether\u2019s sharp decline pushed the company deep into unrealized losses.<\/p>\n<p>With roughly 4.28 million ETH on its balance sheet, the firm is <a href=\"https:\/\/cryptonews.com\/news\/bitmine-faces-7b-unrealized-loss-as-ethereum-slides-below-2100\/\">sitting on more than $7 billion<\/a> in paper losses after the token fell near $2,100.<\/p>\n<p>The company had accumulated its holdings at much higher prices, making it one of the largest single-asset corporate bets in crypto.<\/p>\n<p>The firm shifted from Bitcoin mining to an \u201cEthereum-first\u201d treasury model in 2025, buying ETH at an estimated $3,800\u2013$3,900 average.<\/p>\n<p>The market downturn has dragged down both its portfolio and stock price, drawing comparisons to Michael Saylor\u2019s Bitcoin-heavy Strategy, which is also facing sizable unrealized losses.<\/p>\n<p>Analysts say both companies highlight the risk of concentrated crypto treasury strategies tied to volatile assets.<\/p>\n<p>Despite the drawdown, Lee remains confident. He argues Ethereum\u2019s fundamentals are strengthening, pointing to record transaction activity and rising active addresses.<\/p>\n<p>The company now <a href=\"https:\/\/cryptonews.com\/news\/bitmine-reports-4-285m-eth-holdings-expands-staked-position-with-massive-reward-outlook\/\">holds about 3.55% of Ethereum\u2019s supply<\/a> and is targeting 5% while expanding staking operations.<\/p>\n<p>Nearly $6.7 billion worth of ETH is staked, and BitMine plans to launch its Made in America Validator Network in 2026.<\/p>\n<p>\n                                    <a href=\"https:\/\/news.google.com\/publications\/CAAqKQgKIiNDQklTRkFnTWFoQUtEbU55ZVhCMGIyNWxkM011WTI5dEtBQVAB?ceid=US:en&#038;oc=3\" target=\"_blank\"><\/p>\n<p>                            <svg width=\"20\" height=\"16\" viewBox=\"0 0 20 16\" fill=\"none\">\n                            <path d=\"M19.6 5.36C19.6 5.48 19.6 5.66 19.54 5.78L17.2 12.8V5.6C17.2 4.94 16.66 4.4 16 4.4H12.82L12.52 3.8L11.86 2.36L15.34 3.32L18.58 4.16C19.18 4.28 19.6 4.82 19.6 5.36Z\" fill=\"#FF4131\" \/>\n                            <path d=\"M15.4 0.799997V3.26L11.92 2.3L11.74 1.88C11.44 1.28 10.72 0.979997 10.12 1.22L4.59998 3.38V0.799997C4.59998 0.499997 4.89998 0.199997 5.19998 0.199997H14.8C15.1 0.199997 15.4 0.499997 15.4 0.799997Z\" fill=\"#03A846\" \/>\n                            <path d=\"M12.82 4.4H4.00002C3.34002 4.4 2.80002 4.94 2.80002 5.6V11.42L0.520024 6.5C0.460024 6.26 0.400024 6.08 0.400024 5.9V5.84C0.400024 5.3 0.700024 4.82 1.24002 4.64L4.60002 3.32L10.06 1.22C10.72 0.979997 11.44 1.28 11.68 1.88L11.86 2.3L12.52 3.74L12.82 4.4Z\" fill=\"#FDBD04\" \/>\n                            <path d=\"M17.2 5.59999V14.6C17.2 15.26 16.66 15.8 16 15.8H4.00005C3.34005 15.8 2.80005 15.26 2.80005 14.6V5.59999C2.80005 4.93999 3.34005 4.39999 4.00005 4.39999H16C16.66 4.39999 17.2 4.93999 17.2 5.59999ZM9.40005 9.79999H7.00005V11H7.90005C7.60005 11.36 7.18005 11.6 6.70005 11.6C5.86005 11.6 5.20005 10.94 5.20005 10.1C5.20005 9.25999 5.86005 8.59999 6.70005 8.59999C7.12005 8.59999 7.48005 8.77999 7.78005 9.01999L8.62005 8.17999C8.14005 7.69999 7.48005 7.39999 6.70005 7.39999C5.20005 7.39999 4.00005 8.59999 4.00005 10.1C4.00005 11.6 5.20005 12.8 6.70005 12.8C7.90005 12.8 8.86005 12.08 9.22005 11C9.34005 10.7 9.40005 10.4 9.40005 10.1C9.40005 9.97999 9.40005 9.91999 9.40005 9.79999ZM14.8 7.39999H10.6V8.59999H14.8V7.39999ZM16 9.79999H10.6V11H16V9.79999ZM14.8 12.2H10.6V13.4H14.8V12.2Z\" fill=\"#0284FE\" \/>\n                            <\/svg><br \/>\n                                                                    Follow us on Google News                                    <\/a>\n                                <\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/cryptonews.com\/news\/trend-research-slashes-ether-holdings-after-market-crash-to-repay-loans\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Tomi Guillemette<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto Journalist Amin Ayan Crypto Journalist Amin Ayan Part of the Team Since Apr 2025 About Author Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24\/7 Wall St. He has&#8230; Last updated:\u00a0 February 7, 2026 Crypto<\/p>\n","protected":false},"author":1,"featured_media":890866,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3801,26617],"tags":[],"class_list":{"0":"post-890865","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-research","8":"category-trend"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/890865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=890865"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/890865\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/890866"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=890865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=890865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=890865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}