Arbitrum Milestone, ETH Buy, and Pompliano’s Bitcoin Outlook
Offchain Labs expanded its ARB holdings as Arbitrum surpassed a $20 billion threshold, Trend Research added 46,379 Ether (ETH) to become one of the larger corporate holders, and Anthony Pompliano said Bitcoin’s subdued year-end volatility lowers the likelihood of a sharp first-quarter decline next year.
Offchain Labs increases ARB position as Arbitrum tops $20B
Offchain Labs, the core development firm behind Arbitrum, acquired more ARB tokens, indicating a long-term commitment to the network amid weaker sector sentiment and sustained pressure on governance token prices.
In a post on X this week, Offchain Labs said it remains “committed to growing the Arbitrum ecosystem in a meaningful way,” noting it has boosted its direct exposure to Arbitrum (ARB) under an approved purchase plan. The company added the decision reflects an intention to “double down on the development of Arbitrum in all respects.”
Arbitrum is an Ethereum layer-2 scaling solution that seeks to enhance throughput and cut fees by executing transactions off-chain before finalizing them on Ethereum. It employs optimistic rollups, bundling transactions and assuming validity unless challenged, allowing users to leverage Ethereum’s security while reducing costs.
The move comes as some industry contributors and early stakeholders appear to be trimming exposure to governance tokens. In Arbitrum’s design, ARB primarily serves as a governance token, providing holders with voting rights on proposals covering upgrades, funding, and ecosystem strategy. All protocol revenue accrues on-chain to a treasury wallet governed by tokenholders.
Trend Research adds 46K ETH, becomes one of the largest Ether holders
Trend Research purchased 46,379 ETH on Wednesday, bringing its total holdings to roughly 580,000 ETH, a level that exceeds most public Ether treasuries tracked by CoinGecko.
Only two listed companies currently report larger ETH balances: SharpLink Gaming with 859,853 ETH and BitMine Immersion Technologies with 4,066,062 ETH.
Trend Research is not publicly listed and does not typically appear in Ethereum treasury rankings, though it has attracted attention for its rapid accumulation.
The firm is a secondary investment institution affiliated with LD Capital founder Jack Yi, who has been associated with a series of sizable ETH purchases since October, according to on-chain data.
A machine translation of Yi’s Thursday post on X indicated the firm is preparing another $1 billion to continue buying Ether, while cautioning traders against short positions.
Trend Research is preparing another $1 billion to buy ETH | Source: Jack Yi
Pompliano: Muted year-end volatility lowers odds of a Q1 Bitcoin crash
Anthony Pompliano said Tuesday that the absence of a strong year-end rally in Bitcoin (BTC) reduces the probability of a significant first-quarter sell-off. He noted that with volatility currently compressed, a 70% to 80% drawdown would be unlikely.
He added that markets did not see a blowoff top at the end of Q3 or the start of Q4, nor the typical 80% pullback that has followed previous surges.
Anthony Pompliano spoke to CNBC on Tuesday. Source: CNBC Television
Pompliano said that while some investors may be disappointed Bitcoin did not reach $250,000 this year, the asset’s longer-term performance remains notable, pointing out it is up 100% over two years and nearly 300% over three years.
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