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
Current mainstream CEX and DEX funding rates indicate that the market remains bearish
Trending news
MoreData: In the past 24 hours, total liquidations across the network reached $143 million, with long positions liquidated for $84.3764 million and short positions liquidated for $58.4925 million.
Strategy CEO: Will only consider selling bitcoin if the stock price falls below net asset value and new funds cannot be obtained
Crypto prices
More
