According to @ai_9684xtpa, Arkham on-chain data shows Trend Research holds 626,778.65 ETH valued around $1.94B with an average cost near $3,105.5, putting ETH price action near a key whale cost basis level for P&L sensitivity, source: @ai_9684xtpa on X; Arkham Intel explorer entity 474d1c43-f6a9-480a-a4ba-fef4544f34d2. Since the disclosed full allocation during Nov 23–26, five of six tracked tokens are up with BCH +19.6% and WLFI +15.46%, while ASTER is the only decliner at −53.54% and was cut via stop-loss; hit rate 83.3%, source: @ai_9684xtpa on X. For trading, prices below $3,105.5 place the ETH position under its average cost and above it back in profit, making ~$3.1k a visible on-chain reference level for liquidity and risk management, source: Arkham Intel explorer entity 474d1c43-f6a9-480a-a4ba-fef4544f34d2; @ai_9684xtpa on X.

According to @ai_9684xtpa, since @Jackyi_ld disclosed a full allocation during Nov 23–26, five of six tokens have risen, delivering an 83.3% hit rate (source: @ai_9684xtpa on X, Jan 5, 2026). The top performers are BCH up 19.6% and WLFI up 15.46%, while ASTER is the sole decliner at -53.54% and has been exited via stop-loss (source: @ai_9684xtpa on X, Jan 5, 2026). For ETH, the E Lihua wallet holds 626,574 ETH; a 46,036.72 ETH add on Dec 29 lowered the average cost basis to about $3,105.5, returning the position to break-even and recovering roughly $110 million in prior unrealized losses (source: @ai_9684xtpa on X, Jan 5, 2026). The wallet address is reported as 0x8FDC74baD4AA20904a362D4b69434A0Cf4d97f43 via the Arkham link cited (source: @ai_9684xtpa on X, Jan 5, 2026). The ETH cost basis is calculated using the averaged cost after additional purchases during the period, as noted in the referenced post (source: @ai_9684xtpa on X, Jan 5, 2026).

According to @ai_9684xtpa, since the Nov 23–26 full-position disclosure, 5 of 6 tracked tokens are higher, a hit rate of 83.3%. Source: X https://x.com/ai_9684xtpa/status/2008022345143972039 The top gainers are BCH up 19.6% and WLFI up 15.46%, while ASTER is the only decliner at minus 53.54%. Source: X https://x.com/ai_9684xtpa/status/2008022345143972039 The ETH position cost is calculated on an average basis after additional buying during the period as noted in the quoted thread. Source: X https://x.com/ai_9684xtpa/status/2008022345143972039 The quoted update adds that the E Lihua wallet holds 626,574 ETH, bought 46,036.72 ETH on Dec 29, lowered its on-chain average cost to about 3,105.5 dollars, and moved an unrealized loss of roughly 110 million dollars back to breakeven. Source: X https://x.com/ai_9684xtpa/status/2007448445855158526 and ARKM https://intel.arkm.com/explorer/address/0x8FDC74baD4AA20904a362D4b69434A0Cf4d97f43 The wallet address is 0x8FDC74baD4AA20904a362D4b69434A0Cf4d97f43, providing on-chain verification for the reported ETH balances and cost basis. Source: ARKM https://intel.arkm.com/explorer/address/0x8FDC74baD4AA20904a362D4b69434A0Cf4d97f43 For traders, the reported ETH average cost near 3,105.5 dollars offers a reference level for this whale’s positioning, while BCH and WLFI strength and ASTER weakness summarize recent relative performance within the disclosed basket. Source: X https://x.com/ai_9684xtpa/status/2008022345143972039 and X https://x.com/ai_9684xtpa/status/2007448445855158526

According to @lookonchain, Erik Voorhees deposited another 1,635 ETH, valued at approximately $4.81 million at the time, into THORChain to swap for BCH (source: @lookonchain on X, Dec 25, 2025). @lookonchain provided on-chain transaction links indicating the deposit and planned ETH-to-BCH swap route via THORChain (source: @lookonchain on X, Dec 25, 2025).

According to Lookonchain, a 9-year-dormant wallet (0x03b5) exchanged 4,619 ETH, valued at about 13.42 million USD, for 24,950 BCH over the past two weeks, indicating a large-scale rotation from ETH to BCH. According to Lookonchain, the activity was surfaced alongside on-chain references to THORChain and Arkham pages tracking addresses 0x3508... and 0x03b5.... According to Lookonchain, the reported totals imply roughly 5.40 BCH per ETH and about 538 USD per BCH based on the USD value it provided. According to Lookonchain, the wallet is possibly linked to Erik Voorhees, though this attribution remains unconfirmed.

According to @ai_9684xtpa, ETH was entered at 2700 and is up 22.2%, source: @ai_9684xtpa on X Dec 10 2025 post 1998589268340650162. According to @ai_9684xtpa, between Nov 23 and Nov 27, @Jackyi_ld publicly stated a full allocation with five of six mentioned tokens rising, led by ETH +22.2% and BTC +7.11% while ASTER fell 19.78%, source: @ai_9684xtpa on X Dec 10 2025 post 1998589268340650162. According to @ai_9684xtpa, position sizes were not disclosed so overall PnL cannot be computed, and costs for tokens other than ETH were estimated using Nov 23 14:30 pricing rather than actual entries, source: @ai_9684xtpa on X Dec 10 2025 post 1998589268340650162. According to @ai_9684xtpa, the watchlist groups are public chains ETH main position BTC BCH, exchanges BNB ASTER, and stablecoin WLFI with USD1 as its stated underlying logic, source: @ai_9684xtpa on X Dec 10 2025 post 1998589268340650162. According to @ai_9684xtpa, ETH outperformed BTC by about 15.1 percentage points in this window based on the reported figures, highlighting short term ETH BTC relative strength while data accuracy is limited by unknown sizing and estimated costs, source: @ai_9684xtpa on X Dec 10 2025 post 1998589268340650162.

According to @lookonchain, wallet 0x8d0e purchased 4,022 ETH (~$11.19M) spot on Hyperliquid, with transactions visible on Hypurrscan: https://hypurrscan.io/address/0x8d0e342e0524392d035fb37461c6f5813ff59244. According to @lookonchain, the same wallet opened a 20x long on 2,034.5 ETH (~$5.66M) and a 10x long on 1,662 BCH (~$0.908M), corroborated by Arkham address intelligence: https://intel.arkm.com/explorer/address/0x24d45Ef5E121813311bFB1f44EfCe6B7E53D7187. Based on figures reported by @lookonchain, the whale’s combined notional long exposure across spot and perps is roughly $17.76M concentrated on ETH and BCH on Hyperliquid.

According to @ai_9684xtpa, the latest disclosed selection shows full allocation with public-chain exposure led by ETH as the main position alongside BTC and BCH, source: X post by @ai_9684xtpa on Nov 23, 2025. Exchange token exposure includes BNB and ASTER, source: X post by @ai_9684xtpa on Nov 23, 2025. The stablecoin pick is WLFI, with USD1 cited as the underlying logic for the thesis, source: X post by @ai_9684xtpa on Nov 23, 2025. The post states positions are fully revealed with no specific price targets or timeframe provided, source: X post by @ai_9684xtpa on Nov 23, 2025.

According to @ai_9684xtpa, the latest fully disclosed allocation overweights ETH as the main position with additional positions in BTC and BCH, defining an L1 tilt for traders to track relative performance (source: @ai_9684xtpa on X, Nov 23, 2025). The portfolio also includes exchange tokens BNB and ASTER, indicating conviction in CEX ecosystem exposure as a beta lever (source: @ai_9684xtpa on X, Nov 23, 2025). For stablecoin reserves, WLFI is preferred with a USD1-based thesis, specifying the intended stability framework for liquidity management (source: @ai_9684xtpa on X, Nov 23, 2025). The post states the account is fully deployed, providing a clear benchmark for monitoring rotations among L1s, CEX tokens, and stablecoins tied to this allocation (source: @ai_9684xtpa on X, Nov 23, 2025).