According to CryptoQuant's latest data tracking, Bitmine currently holds ETH positions that have accumulated an unrealized loss of approximately $3.5 billion. This significant unrealized drawdown highlights the volatility and risk exposure in major crypto holdings, particularly for institutions maintaining large ETH stakes during market fluctuations. The data underscores ongoing pressure on major players in the Ethereum market and raises questions about strategy adjustments among big ETH holders.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
7
Repost
Share
Comment
0/400
MetaEggplant
· 12-27 03:10
$3.5 billion loss, these big players should be panicking now haha
View OriginalReply0
WagmiAnon
· 12-27 03:08
3.5 billion USD in unrealized losses... That's why I say institutions are not that smart.
View OriginalReply0
ShibaSunglasses
· 12-27 03:07
Floating loss of 3.5 billion USD, Bitmine's hand is really hot.
View OriginalReply0
CommunityWorker
· 12-27 03:05
$3.5 billion in unrealized losses... That's why I don't dare to go all in, brothers.
View OriginalReply0
RugPullSurvivor
· 12-27 03:00
3.5 billion USD loss, Bitmine's move is a bit harsh... But then again, who told you to hold onto ETH so tightly?
View OriginalReply0
gas_fee_therapy
· 12-27 02:57
3.5B loss? That's the price of holding spot without letting go.
View OriginalReply0
ColdWalletGuardian
· 12-27 02:56
3.5 billion USD loss... That's why I never touch leverage no matter what
---
Even big institutions have to suffer losses, this market trend is truly exceptional
---
Hey, is bitmine still holding on? Should have cut losses already
---
Another unrealized loss, let's see if it can rebound
---
3.5b... Where are the institutional bottom-fishers? Are they all losing money?
---
This is what they call even big fish can capsize
---
Strategy adjustment? I think it's being forced to cut losses
---
Why is it always ETH... Is this coin so hard to please
According to CryptoQuant's latest data tracking, Bitmine currently holds ETH positions that have accumulated an unrealized loss of approximately $3.5 billion. This significant unrealized drawdown highlights the volatility and risk exposure in major crypto holdings, particularly for institutions maintaining large ETH stakes during market fluctuations. The data underscores ongoing pressure on major players in the Ethereum market and raises questions about strategy adjustments among big ETH holders.