As much of the market hesitates around Ethereum’s recent underperformance, one large crypto investment firm is moving aggressively in the opposite direction - treating the weakness as a rare accumulation window rather than a warning sign.
Trend Research, the trading and research arm of LD Capital, has significantly increased its exposure to Ethereum during the latest downturn. The firm recently added over 46,000 ETH to its holdings, committing roughly $137 million at current prices.
Key Takeaways
Trend Research is increasing Ethereum exposure despite large unrealized losses.
The firm added over 46,000 ETH during the recent price weakness.
Founder Jack Yi plans to deploy up to $1 billion into ETH over time.
The firm believes Ethereum is near a long-term bottom and eyes a 2026 bull market.
The move stands out because it comes while the position remains deeply underwater on paper, with unrealized losses exceeding $140 million. Instead of slowing down, the firm has doubled down.
A conviction-driven strategy, not a reaction trade
According to statements shared by Jack Yi, the firm views current losses as a normal feature of long-cycle investing rather than a signal to exit. Yi has emphasized that Trend Research is not chasing short-term price movements, but positioning ahead of what it believes is Ethereum’s next structural expansion.
Internal research, he said, suggests ETH is trading near a long-term bottom zone. Based on that assessment, the firm believes the risk of missing the next major upside move outweighs the discomfort of near-term drawdowns.
Billion-dollar exposure planned
Yi has gone further than just defending the current strategy. He revealed plans to deploy up to $1 billion into Ethereum over time, continuing to buy into weakness rather than waiting for confirmation from price momentum.
He framed the approach as disciplined rather than emotional, arguing that conviction should be backed by data and consistency, not market sentiment. Small price fluctuations, he said, are irrelevant if the broader thesis remains intact.
Looking past volatility toward 2026
Rather than expecting a quick rebound, Yi has pointed to 2026 as the real inflection point for Ethereum. In his view, the next cycle will not be a partial recovery but a full bull phase, driven by longer-term fundamentals rather than speculative hype.
Trend Research plans to keep scaling into ETH during periods of market stress, using volatility as a tool rather than a threat.
Standing apart from the crowd
At a time when many investors remain cautious toward Ethereum, Trend Research’s actions highlight a widening gap between short-term market psychology and long-horizon positioning. While price action remains soft, the firm is betting that today’s discomfort will eventually translate into outsized gains.
Whether that conviction proves correct will only be known with time. For now, Trend Research is making its stance clear: paper losses are temporary, but missed cycles are permanent.
