🚨 UPDATE: $ZIL | Tom Lee’s $ETH Bet Still Underwater 🚨
Bitmine’s $ETH position is bleeding red 📉
Unrealized loss: ~-$560M
Holdings: 243,765 ETH below cost
Avg cost: Above ~$2Z ,300 (all ETH since July underwater)
Latest buy: 41,788 ETH @ ~$2,488 → now ~-$7.8M unrealized
Averaging down: ❌ No stabilization yet
Risk is stacking. Patience is thinning. Volatility loading… ⚡
Epi: ~$2,300
Tp: $2,650 / $2,900
Sl: $2,150
Strap in. This one’s about conviction vs. gravity. 🚀💥
Let’s go.
#BinanceBitcoinSAFUFund #USCryptoMarketStructureBill #VitalikSells #GoldSilverRebound
Bitmine’s $ETH position is bleeding red 📉
Unrealized loss: ~-$560M
Holdings: 243,765 ETH below cost
Avg cost: Above ~$2Z ,300 (all ETH since July underwater)
Latest buy: 41,788 ETH @ ~$2,488 → now ~-$7.8M unrealized
Averaging down: ❌ No stabilization yet
Risk is stacking. Patience is thinning. Volatility loading… ⚡
Epi: ~$2,300
Tp: $2,650 / $2,900
Sl: $2,150
Strap in. This one’s about conviction vs. gravity. 🚀💥
Let’s go.
#BinanceBitcoinSAFUFund #USCryptoMarketStructureBill #VitalikSells #GoldSilverRebound
