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

BlockBeats News, February 5th, according to on-chain data, Bitmine currently holds 4.243 million ETH, with an average cost of about $3,849. With the recent continued downturn in the crypto market, Ethereum has now fallen to $2,115, and the institution’s Ethereum holding is facing a record high unrealized loss, reaching $7.357 billion.