BitMine Faces $6B Unrealized Ether Loss as Crypto Sell-Off Deepens

Ethereum Faces Decline as Tom Lee's BitMine Loss Swells

Ethereum dips below $2,000 amid BitMine's $6B unrealized losses, prompting market unease.

Expert Predicts Ethereum Crash Below $2K as Tom Lee’s BitMine ETH Unrealized Loss Hits $6B

Ethereum extended its selloff today, falling below $2,500 amid broad market stress, leading to an increase in the unrealized loss on BitMine’s investment. At press time, ETH was trading at $2,370, down 12.27% over 24 hours, with weekly and monthly losses of approximately 20% and 21%, respectively. The Ethereum crash followed Bitcoin’s drop, heavy liquidations, The post Expert Predicts Ethereum Crash Below $2K as Tom Lee’s BitMine ETH Unrealized …

BitMine Battles $6B Unrealized Ether Loss as Crypto Sell-Off Deepens

BitMine Immersion Technologies, a publicly traded crypto treasury vehicle tied to investor Tom Lee, has faced a sharp mark-to-market unwind on its Ether holdings as recent liquidations ripple through crypto markets. The company boosted its Ether position by 40,302 tokens last week, lifting total holdings to more than 4.24 million ETH. Data from Dropstab indicate that unrealized losses now exceed $6 billion, illustrating how balance-sheet strateg…

BitMine Faces $6B Unrealized Ether Loss as Crypto Sell-Off Deepens

BitMine Immersion Technologies is carrying more than $6 billion in unrealized Ether losses after the recent sell-off, underscoring balance-sheet risks for crypto treasuries.