🚨 JUST IN: Tom Lee’s BitMine is now sitting on OVER $8.6 BILLION in unrealised losses on its Ethereum ($ETH ) holdings.
That represents a staggering 43.11% decline in the value of its ETH treasury.
One of the biggest institutional Ethereum bets is now facing enormous paper losses.
But here's what matters:
A loss of this magnitude raises serious questions about institutional conviction, treasury risk management, and how much downside large ETH holders can withstand.
If Ethereum recovers, those unrealised losses could shrink dramatically.
But if ETH continues falling, the pressure on major institutional holders could intensify.
The big question: Is this a temporary correction or a warning sign for Ethereum's institutional trade?
#Ethereum #ETH #BitMine #Crypto #Bitcoin $ETH
That represents a staggering 43.11% decline in the value of its ETH treasury.
One of the biggest institutional Ethereum bets is now facing enormous paper losses.
But here's what matters:
A loss of this magnitude raises serious questions about institutional conviction, treasury risk management, and how much downside large ETH holders can withstand.
If Ethereum recovers, those unrealised losses could shrink dramatically.
But if ETH continues falling, the pressure on major institutional holders could intensify.
The big question: Is this a temporary correction or a warning sign for Ethereum's institutional trade?
#Ethereum #ETH #BitMine #Crypto #Bitcoin $ETH
