BitMine’s unrealized loss on its Ethereum holdings has expanded to $9.6 billion.
34 minutes ago
As Ethereum (ETH) dropped below $1,800, the unrealized loss on ETH holdings of BitMine (BMNR), the world’s largest Ethereum treasury firm, has widened further. As of November 8, BitMine held 6,070,092 ETH tokens. Per BitMineTracker estimates, its average cost basis for ETH holdings is approximately $3,352.58 per token, with a total cost of around $20.35 billion. Calculated at the current ETH price of $1,774, BitMine’s unrealized loss on its ETH holdings is roughly $9.6 billion, a decrease of about 47.09% from its cost basis.
Bitcoin posts a V-shaped reversal, rebounding more than 4% from its recent low.
3 minutes ago
Following a sharp slump in the crypto market, the sector has rallied, with ETH surging over 6% and HYPE jumping nearly 10%.
3 minutes ago
A whale liquidated its long ETH position, incurring a loss of approximately $10.49 million, and subsequently went long on $27 million worth of SOL.
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3 minutes ago
Trader AguilaTrades bought the dip to go long on 1,000 BTC and currently has an unrealized profit of over $1.8 million.
3 minutes ago
ZEC rebounds to break above $900, with its 24-hour decline narrowing to 1.56%
3 minutes ago
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