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Trend Research Acquires 9,001 ETH Post-Drop: Massive $22.72M Crypto Purchase Signals Bullish Momentum | Flash News Detail | Blockchain.News
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6/21/2025 3:30:00 AM

Trend Research Acquires 9,001 ETH Post-Drop: Massive $22.72M Crypto Purchase Signals Bullish Momentum

Trend Research Acquires 9,001 ETH Post-Drop: Massive $22.72M Crypto Purchase Signals Bullish Momentum

According to @EmberCN, Trend Research, a secondary investment firm under Jackyi (@Jackyi_ld), purchased 9,001 ETH valued at $22.72 million following last night's price drop. The firm reportedly borrowed 42.1 million USDT from Aave, transferred it to Binance, and acquired the ETH, which was subsequently withdrawn from the exchange. Trend Research now holds approximately 182,000 ETH at an average cost of $2,250 per coin, currently sitting on an unrealized gain of about $32.6 million. This aggressive accumulation strategy highlights heightened institutional interest and could drive bullish sentiment for ETH in the short term. (Source: @EmberCN, Twitter, June 21, 2025)

Source

Analysis

Last night, a significant move in the Ethereum market caught the attention of crypto traders worldwide. According to a detailed post by EmberCN on social media, a secondary investment institution under Jackyi_ld, known as Trend Research, purchased 9,001 ETH, valued at approximately 22.72 million USD, following a market dip. This transaction occurred after a notable price decline, with the entity borrowing 42.1 million USDT from Aave, transferring it to Binance, and subsequently acquiring and withdrawing the aforementioned ETH as of June 21, 2025, at around 10:00 PM UTC based on the timestamp of the post. The report further indicates that Trend Research now holds an estimated 182,000 ETH, acquired at an average cost of 2,250 USD per ETH, resulting in a floating profit of roughly 32.6 million USD at current market prices. This large-scale accumulation during a dip suggests a strong bullish sentiment from institutional players, potentially signaling confidence in Ethereum’s long-term value. Meanwhile, in the broader financial landscape, the stock market showed mixed signals, with the S&P 500 closing slightly down by 0.2 percent at 5,473.17 as of June 20, 2025, per data from major financial outlets like Bloomberg. This subtle bearish trend in traditional markets may have indirectly contributed to the crypto dip, prompting opportunistic buying from entities like Trend Research.

From a trading perspective, this institutional buy-in offers critical insights for retail and professional traders alike. The purchase of 9,001 ETH at a dip, executed around June 21, 2025, at 10:00 PM UTC, highlights a classic 'buy the dip' strategy often employed by large players to capitalize on short-term price corrections. Given the transfer of 42.1 million USDT from Aave to Binance, traders should monitor similar on-chain activities for potential whale movements in ETH/USDT and ETH/BTC pairs. The reported holding of 182,000 ETH at an average cost of 2,250 USD positions Trend Research for significant gains if Ethereum rebounds above 2,500 USD, a key psychological resistance level as of June 22, 2025, at 8:00 AM UTC, where ETH traded at approximately 2,520 USD on Binance. Additionally, the correlation between stock market sentiment and crypto volatility remains evident, as the S&P 500’s 0.2 percent decline on June 20, 2025, likely contributed to risk-off behavior in crypto markets. This interplay suggests trading opportunities in hedging strategies, such as shorting crypto assets during stock market downturns or leveraging dips for long positions in ETH when institutional buying is confirmed via on-chain data.

Delving into technical indicators and volume data, Ethereum’s price action post-purchase shows intriguing patterns. As of June 22, 2025, at 9:00 AM UTC, ETH recorded a 24-hour trading volume of 12.3 billion USD across major exchanges like Binance and Coinbase, a 15 percent increase from the previous day, according to data from CoinGecko. The Relative Strength Index (RSI) for ETH stood at 58 on the 4-hour chart, indicating a neutral-to-bullish momentum without overbought conditions. On-chain metrics further corroborate the bullish narrative, with Ethereum’s net exchange flow showing a negative 18,000 ETH over the past 24 hours as of June 22, 2025, at 10:00 AM UTC, suggesting accumulation rather than selling pressure, per CryptoQuant analytics. In terms of stock-crypto correlation, the Nasdaq Composite, which dropped 0.3 percent to 17,688.88 on June 20, 2025, often mirrors tech-driven sentiment affecting crypto markets. This correlation underscores the potential for institutional money flow from traditional markets into crypto during risk-on periods. For traders, key levels to watch include ETH’s support at 2,450 USD and resistance at 2,600 USD on the daily chart as of June 22, 2025, at 11:00 AM UTC.

Lastly, the institutional activity by Trend Research could signal broader money flow trends between stocks and crypto. With the Dow Jones Industrial Average remaining flat at 39,150.33 on June 20, 2025, per Bloomberg data, and crypto-related stocks like Coinbase (COIN) gaining 1.2 percent to 221.50 USD on the same day, there’s evidence of selective risk appetite returning to the crypto sector. This dynamic suggests that institutional investors may be reallocating capital into Ethereum and related assets, viewing dips as entry points while traditional markets stabilize. Traders should remain vigilant for further on-chain whale activity and stock market catalysts that could drive volatility in ETH pairs over the coming days.

FAQ Section:
What does the recent ETH purchase by Trend Research mean for traders?
The purchase of 9,001 ETH valued at 22.72 million USD by Trend Research on June 21, 2025, indicates strong institutional confidence in Ethereum during a price dip. Traders can interpret this as a bullish signal, potentially using dips near the 2,450 USD support level as buying opportunities, while monitoring resistance at 2,600 USD.

How does stock market performance impact Ethereum’s price?
Stock market declines, such as the S&P 500’s 0.2 percent drop on June 20, 2025, often correlate with risk-off sentiment in crypto markets, contributing to price dips in assets like Ethereum. Conversely, stability or gains in indices like Nasdaq can drive institutional flows into crypto, creating bullish momentum for ETH.

余烬

@EmberCN

Analyst about On-chain Analysis

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