TechFlow reports on January 21 that according to analyst Yu Jin's monitoring, Trend Research holds 651,300 ETH (approximately $1.92 billion) at an average price of $3,180, currently facing a floating loss of about $163 million. Meanwhile, "7 Siblings" has deposited 596,800 ETH (approximately $1.765 billion) across eight addresses on the Spark protocol and borrowed $193 million in stablecoins to accumulate ETH at lower prices.
Notably, both major whales are adopting a "buying more after significant drops" strategy. "Trend Research" recently transferred 70 million USDT to Binance to purchase 24,555 ETH and moved them back on-chain. Since last October, "7 Siblings" has cumulatively spent $174 million acquiring 49,287 ETH at an average price of $3,531, currently facing a floating loss of $27.7 million.
