Bitmine Ethereum Staking Unrealized Loss Widens to $5.92 Billion, Reaching an All-Time High

BlockBeats News, February 1st, according to EmberCN monitoring, Bitmine currently holds 4.243 million ETH, with an average cost of $3,849. As ETH dropped to around $2,400, the institution’s Ethereum position hit a record high floating loss of $5.92 billion, with a loss of over one-third (-36%).