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
The Nasdaq 100 rebalancing will take effect before the U.S. stock market opens on Monday, SpaceX (SPCX.US) weight significantly rises to 2.82%.
The Nasdaq 100 Index quarterly rebalancing will take effect before the US stock market opens on September 21 (Monday). The main change is that SpaceX (SPCX.US) will see its index weighting significantly increase from about 1.28% to 2.82%.
WTI falls to near $93.50 as Middle East diplomacy hopes ease supply fears
South Korea's exports in the first 20 days of September continued strong momentum, with chip exports soaring by 259%, remaining a key driver of growth.
Early September exports from South Korea help maintain strong momentum in the chip boom.
Crypto prices
More
