Odaily Planet Daily reports that, according to Lookonchain monitoring, as ETH drops below $2000, the 4,285,125 ETH held by Bitmine have an unrealized loss of over $8 billion.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin ETFs Record $290.89M Daily Inflow, Ethereum ETFs See $18.76M Outflow on March 4
Gate News bot message, according to March 4 data, Bitcoin ETFs registered a single-day net inflow of 4,046 BTC (equivalent to $290.89 million), with weekly net inflows reaching 20,816 BTC ($1.5 billion).
Ethereum ETFs experienced a single-day net outflow of 9,049 ETH (equivalent to $18.76 million),
GateNews1m ago
Ethereum Active Addresses Crash 47% in One Month As Network Activity Raises Fresh Concerns
According to on-chain data on March 4, 26, the total number of Ethereum addresses dropped from around 1.11 million to roughly 593,000 over the course of a month, indicating a 47% reduction in active user accounts. While this is a staggering drop in users and could be considered a red flag for the se
BlockChainReporter27m ago
Why Vitalik Says Ethereum Must Build “Sanctuary Tech” Now
_Vitalik Buterin says Ethereum must shift focus to “sanctuary tech” to protect freedom, privacy, and digital life in a changing world._
Ethereum’s Vitalik Buterin has a message for the crypto community. He wants Ethereum to stop chasing financial dominance and start building what he calls “sanct
LiveBTCNews3h ago
Data: If ETH drops below $1,975, the total long liquidation strength on major CEXs will reach $932 million.
ChainCatcher reports that, according to Coinglass data, if ETH drops below $1,975, the total liquidation strength of long positions on major CEXs will reach $932 million. Conversely, if ETH breaks above $2,180, the total liquidation strength of short positions on major CEXs will reach $496 million.
GateNews3h ago