The 2.83 million ETH held by Bitmine are currently at an unrealized loss of $1.93 billion.
According to Jinse Finance, Onchain Lens monitoring shows that after the decline in the early hours today, Bitmine's ETH positions suffered heavy losses, facing an unrealized loss of $1.93 billions. Bitmine currently holds 2,830,151 ETH, with a total acquisition cost of $12.83 billions and an average price of $4,535. However, the current valuation of these ETH holdings is only $10.9 billions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Elon Musk: Bitcoin is based on energy, as energy cannot be faked
Data: $142 million liquidated across the entire network in the past hour, mainly long positions.
Over $143 million liquidated in the past hour, mainly long positions
Trending news
MoreCrypto prices
More
