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Bitmine Ethereum Holdings Unrealized Loss Widens to $7.357 Billion, Hitting an All-Time High

2 hours ago

On-chain data as of February 5 shows Bitmine holds 4.243 million Ethereum (ETH) tokens, with an average acquisition cost of roughly $3,849. Amid the recent sustained downturn in the cryptocurrency market, ETH has dropped to $2,115, pushing the firm’s ETH holdings to a record-high unrealized loss of $7.357 billion.
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