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The Ethereum market has been quite turbulent recently. The world's top Ethereum asset management firm BitMine Immersion has also been affected— their massive $15 billion Ethereum bet now shows an unrealized loss of $3.5 billion. Industry leaders are under pressure, and this decline is indeed significant. But to put it another way, even these whale players are being hit, so retail investors don't need to overreact with panic. The long-term strategic logic of major institutions remains intact; unrealized losses are just part of the process. Market bottoms often hide within such anxious sentiments.
Watching big institutions get beaten down doesn't feel good either; anyway, it has to fall.
Where is the bottom? Will it continue to go down or rebound? It's hard to say.
Even whales are losing money, so there's really no need for us to be too anxious about our small holdings.
ETH's recent correction was a bit harsh, but the long-term logic is still there; it all depends on who can hold out until the end.
Floating losses are just part of the process, but the process is a bit long, brother.
Anxiety is building up; who knows, maybe it will bottom out and rebound one day.
Big institutions can hold on, but small retail investors need to stay even calmer. That's the right way to think.
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Whales are all bottom fishing, those still cutting losses are really foolish
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The bottom is in panic, there's nothing wrong with that statement, I just don't know where the bottom is
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BitMine didn't exit this wave either, the long-term bullish logic is still there
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Unrealized losses ≠ actual losses, retail investors need to understand this
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It's just a shakeout, don't let emotions control you
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If I can withstand 15 billion, what's there to fear with my small position
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Industry leaders have all been hit, this time might really be a bit harsh
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The figure of a 3.5 billion floating loss sounds scary, but in the long run, it’s really nothing... Forget it, I don’t have any money anyway.
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The bottom is often found in anxiety, but the question is who knows if this is really the bottom right now.
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Is it true? Even BitMine is so miserable? Then can I, as a retail investor, still stand firm...
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But speaking of which, big institutions can endure floating losses, and retail investors have more opportunities to buy the dip.
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This is the real psychological test.
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Floating loss is just part of the process. I’ve heard this every time there’s a dip, but I believe it every time.
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Whales being hit indicates the market is truly shaken. At such times, it’s actually a good idea to look for opportunities.
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A floating loss of 3.5 billion USD... I’ve been trying to figure it out for a while, but I just can’t. It’s just a loss.
Floating loss of 3.5 billion? That number sounds ridiculous, who would believe it?
It's a bit funny to say this when Bitcoin is crashing wildly.
Are retail investors panicking or not? It's not about how institutions are doing, it's about whether you can still eat.
Is the bottom in anxiety? Uh... maybe, but I've already lost my principal.
Even the big whales are getting caught in the trap, why should retail investors panic?
BitMine's loss is a bit painful, but the long-term pattern hasn't changed.
Isn't it the real bottom opportunity when it drops like this?
Whales being hit actually proves that nothing is that simple, but this is blockchain.
A order of 15 billion still has floating losses, indicating that this market is really fierce.
The bottom is right in these anxious voices, rough words but true meaning.
Even top institutions are being messed up, no one can really control this market.
A 3.5 billion floating loss and still dare to call it the bottom? Should really learn from us retail investors' resilience.
**Comment 2:**
The long-term strategic logic of big institutions... Sounds nice, but it's just them pretending to stay calm while being trapped.
**Comment 3:**
Hiding the bottom in anxiety—someone always says this after every dip. Who knows when they'll finally get it right.
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Really, the more anxious we are, the closer we are to the bottom. History always repeats itself this way.
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BitMine messed up this time; we need to reflect on risk control... But the long-term logic of ETH is still there, so it's not a big problem.
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A 3.5 billion unrealized loss sounds scary, but looking at it over a longer cycle, there's no need to panic. This is just a cycle game.
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Even top-tier institutions are losing money, which shows this wave is quite intense, but it's also a signal to buy the dip.
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Unrealized loss is not a loss; as long as you don't sell, there's a chance to turn things around. We all understand this principle.
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$3.5 billion floating loss... Even big institutions can't hold up? Then retail investors should stay even calmer
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Floating loss is floating loss, no matter how nicely you say it, it doesn't change the on-paper numbers
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The ones who enter at this time are the true warriors
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Can BitMine withstand this wave? It's a bit shocking
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Don't be fooled by the "long-term strategic logic" talk, institutions are also cutting losses
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Is there a bottom in the anxiety? To me, it looks like a deep pit
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Whales being beaten down, retail investors can't expect to stay unscathed either
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$15 billion in bets for a $3.5 billion floating loss... this ratio is shocking
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Honestly, this is the real test of mentality, there's really no need to panic
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The bottom might indeed be right here, but no one knows when the rebound will happen