Bitmain reports $1.9 billion unrealized loss on Ethereum… holdings around 2.83 million
Suehyeon Lee
Summary
- Bitmain said it holds a total of 2,830,151 Ethereum (ETH).
- Bitmain's average purchase price for Ethereum is $4,535, and the total purchase amount is $12.83 billion.
- Due to the decline in Ethereum prices, Bitmain said it is currently recording an unrealized loss of 2.63 trillion won.
As the price of Ethereum (ETH) fell below $3,900, the value of Bitmain's Ethereum holdings has sharply declined.
On the 11th (local time), Onchain Lens reported that Bitmain holds a total of 2,830,151 ETH, with an average purchase price of $4,535 and a total purchase amount of about $12.83 billion.
The current value of this position is about $10.9 billion, resulting in an unrealized loss of about $1.93 billion (about 2.63 trillion won).
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
