Trend Research, the investment arm of LD Capital, has reported significant unrealized profits exceeding $130 million on a substantial Ethereum (ETH) position.
The firm acquired 182,000 ETH at an average cost of approximately $2,250 per coin.
As Ethereum’s price climbed above the $3,000 mark, the holdings surged in value, generating this sizable paper profit.
This strategic accumulation highlights growing institutional confidence in Ethereum’s long-term prospects and its increasing integration within diversified investment portfolios.