Ethereum said to rise... Bitmain's digital asset investment losses near 3.1 billion dollars
Uk Jin
Summary
- Bitmain said it is reporting an estimated unrealized loss of about 3,095,000,000 dollars from Ethereum investments.
- Bitmain said it added Ethereum purchases of about 138,452 at about 2,978 dollars each last week, but still remains in the loss zone.
- Bitmain's Ethereum average purchase price is 3,925 dollars, and investors should be aware of the possibility of further declines.
Bitmain, the largest publicly listed holder of Ethereum (ETH), appears to be reporting large losses from digital asset investments.
On the 9th (Korean time), according to on-chain analyst Amber CN, Bitmain holds a total of 3,864,951 Ethereum as of that day. The average purchase price is 3,925 dollars, and it is currently recording an unrealized loss of about 3,095,000,000 dollars.
Earlier, last week Bitmain purchased an additional 138,452 Ethereum at about 2,978 dollars each, but the value of its holdings remains in the loss zone.\
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
