Recently, the volatility in the crypto market has been quite significant. While some investors are tossing and turning over their stuck ETH positions, a well-known institution, Trend Research, has made a bold move.

According to publicly available information, this institution has accumulated a total of 580,000 ETH, with an average cost basis around $3,208. Currently, Ethereum's price has not yet returned to this level, and unrealized losses on paper have already reached $140 million. To be honest, ordinary people would have long since been unable to withstand this pressure and would have cut their losses and exited. But what are they doing? Instead, they announced that they will allocate an additional $1 billion to continue increasing their holdings. This move may seem a bit "reckless," but upon closer examination, there is a different logic behind it.

From a fundamental market perspective, the entire crypto ecosystem is currently in a stage of bottoming out and rebounding. Short-term fluctuations are indeed large, but looking at the long term—Ethereum's position in DeFi, NFTs, and Layer2 solutions remains unshaken, with active ecosystem engagement and broad application. As Ethereum's technology upgrades progress, there is still significant room for improvement in network performance and security, which forms the long-term value foundation.

As a professional institutional investor, Trend Research is unlikely to be blind to these points. Their current move to buy more against the market trend is essentially a long-term positioning at a low point. This tactic can often yield substantial returns at market bottoms, but it requires a clear understanding of the fundamentals. From their actions, it’s evident that they still have strong confidence in the Ethereum ecosystem.