Trend Research has acquired 46,379 ETH, valued at approximately $137 million, as Ethereum's price experienced a dip. This purchase, reported by on-chain analyst Yu Jin, occurred on December 24. The firm has been actively purchasing Ethereum since November, when the cryptocurrency was priced near $3,400. Currently, Trend Research holds a total of 580,000 ETH, valued at $1.72 billion, despite incurring a loss of around $141 million due to market fluctuations.