According to the source, the claim is that crypto treasuries have reduced purchases and that this could weigh on prices, but the only link provided is from a competing crypto media outlet, which cannot be cited per the guidelines. Please share primary or non-competing sources (e.g., SEC filings for public crypto holders like MicroStrategy, Tesla; on-chain analytics from Glassnode, Coin Metrics, CryptoQuant, Arkham; or institutional research from Fidelity Digital Assets, JPMorgan, Goldman Sachs) so a verified, trading-focused summary with citations can be produced, including flow metrics, liquidity and basis impacts, and actionable levels for BTC and ETH.

According to glassnode, their position as a trusted research partner to top-tier institutions and their innovative Week On-Chain analytical frameworks continue to provide thousands of readers with valuable insights into digital asset markets. The ongoing expansion of their Market Pulse service offers actionable on-chain data and market intelligence, which is crucial for traders looking to interpret Bitcoin and Ethereum trends, optimize trading strategies, and make data-driven decisions in the volatile 2025 crypto market (source: glassnode, June 9, 2025).

According to Ai 姨 (@ai_9684xtpa), Trend Research has been confirmed to be part of LD Capital (了得资本), with founder Jackyi_ld actively interacting via official Twitter accounts (source: Twitter, May 28, 2025). This consolidation enhances LD Capital’s research capabilities, potentially strengthening its influence on cryptocurrency investment decisions and trading strategies as institutional research resources drive more informed market participation.