Saylor and Tom Lee are truly the boss of the crypto world
- Bitmine holds 6.07 million $ETH , with an average price of $3,300. At the current price of $1,900, the unrealized loss is close to $9 billion.
- Strategy holds 850,000 $BTC , with an average price of $75,456. Last month, it had a peak unrealized profit of over $7 billion, but now 67,000 BTC have fallen back below zero, resulting in an unrealized loss of around $7 billion.
To be honest, I believe that Strategy will eventually be profitable with Bitcoin, but it's hard to say about Tom's Ethereum; after all, one only needs a 12% increase to break even, while the other needs a more than 75% increase. 🫣
#CryptoSelloffTriggersMultipleWhaleLiquidations
#BTC #ETH
- Bitmine holds 6.07 million $ETH , with an average price of $3,300. At the current price of $1,900, the unrealized loss is close to $9 billion.
- Strategy holds 850,000 $BTC , with an average price of $75,456. Last month, it had a peak unrealized profit of over $7 billion, but now 67,000 BTC have fallen back below zero, resulting in an unrealized loss of around $7 billion.
To be honest, I believe that Strategy will eventually be profitable with Bitcoin, but it's hard to say about Tom's Ethereum; after all, one only needs a 12% increase to break even, while the other needs a more than 75% increase. 🫣
#CryptoSelloffTriggersMultipleWhaleLiquidations
#BTC #ETH
