Trend Research's ETH Holdings Face $378M Unrealized Loss as of Jan. 31

BlockBeats reports that Trend Research, led by Yi Lihua, recorded an unrealized loss of $378 million on its Ethereum holdings as of January 31. The firm held 651,300 ETH valued at $1.693 billion, with an average cost of around $3,180, as ETH traded at $2,600.