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Development Analysis, an funding agency primarily based in Hong Kong, bought $35 million in Ethereum
$2,939.74
on December 29.
This added to its complete Ethereum holdings, which at present exceed 601,000 ETH, valued at about $1.83 billion.
Lookonchain, a blockchain knowledge supplier, reported that this newest acquisition was funded by borrowing $958 million in stablecoins by way of Aave
$150.42
. The typical buy worth for this Ethereum purchase was round $3,265 per ETH.
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The corporate’s founder, Jack Yi, expressed confidence in regards to the first half of 2026 and shared plans to proceed accumulating Ethereum till a bull market begins.
He additionally revealed that his present portfolio has the biggest holding in Ethereum and a big place in World Liberty Monetary (WLFI), a token with ties to the Trump household.
Development Analysis is at present the third-biggest company Ethereum holder, trailing BitMine Immersion Applied sciences and SharpLink Gaming. Whereas BitMine Immersion Applied sciences depends on dollar-cost averaging, Development Analysis purchases Ethereum even when costs swing by a number of hundred {dollars}.
Inside analysis shared by FundStrat recommended a a lot much less optimistic view for early 2026. The observe indicated Ethereum may fall to between $1,800 and $2,000, whereas Bitcoin
$87,594.86
would possibly drop to the $60,000 to $65,000 vary, however Jack Yi stays constructive in his strategy.
In the meantime, Ripple is piloting its US dollar-backed stablecoin, RLUSD, on a number of Ethereum Layer‑2 networks. How does it work? Learn the total story.
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