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Analysis: BitMine's Ethereum Holdings in Unrealized Loss of $2.98 Billion, Yielding -21%
Summary: According to on-chain data analyst Yu Jin, BitMine increased its holdings by 54,000 ETH (approximately $180 million) last week. Its total ETH holdings now stand at 3.56 million ETH (approximately $11.27 billion), approaching 3% of total ETH supply. Currently, its average cost for ETH is $4,009, resulting in an unrealized loss of $2.98 billion (-21%).
According to on-chain data analyst Yu Jin, BitMine increased its holdings by 54,000 ETH (approximately $180 million) last week. Its total ETH holdings now stand at 3.56 million ETH (approximately $11.27 billion), approaching 3% of total ETH supply. Currently, its average cost for ETH is $4,009, resulting in an unrealized loss of $2.98 billion (-21%).
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Link: Analysis: BitMine's Ethereum Holdings in Unrealized Loss of $2.98 Billion, Yielding -21% [Copy]
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Link: Analysis: BitMine's Ethereum Holdings in Unrealized Loss of $2.98 Billion, Yielding -21% [Copy]
