coin-img-KITEKITE-6.25%coin-img-ETHETH-8.80%coin-img-BTCBTC-4.98%coin-img-SOLSOL-6.20%coin-img-XRPXRP-5.21%coin-img-ASTERASTER+1.80%coin-img-UCNUCN+0.34%coin-img-USDCUSDC+0.03%coin-img-KITEKITE-6.25%coin-img-ETHETH-8.80%coin-img-BTCBTC-4.98%coin-img-SOLSOL-6.20%coin-img-XRPXRP-5.21%coin-img-ASTERASTER+1.80%coin-img-UCNUCN+0.34%coin-img-USDCUSDC+0.03%coin-img-KITEKITE-6.25%coin-img-ETHETH-8.80%coin-img-BTCBTC-4.98%coin-img-SOLSOL-6.20%coin-img-XRPXRP-5.21%coin-img-ASTERASTER+1.80%coin-img-UCNUCN+0.34%coin-img-USDCUSDC+0.03%coin-img-KITEKITE-6.25%coin-img-ETHETH-8.80%coin-img-BTCBTC-4.98%coin-img-SOLSOL-6.20%coin-img-XRPXRP-5.21%coin-img-ASTERASTER+1.80%coin-img-UCNUCN+0.34%coin-img-USDCUSDC+0.03%

Bitmine and SharpLink Face Combined $1.91B Unrealized Loss on Ethereum Holdings

Bitmine and SharpLink are sitting on combined unrealized losses of $1.91B on their Ethereum treasury holdings as ETH fell below $3,500, on-chain analyst Yu Jin reported on Nov. 4. Bitmine holds 3,395,422 ETH valued at $11.88B with an average cost of $4,037, showing an unrealized loss of $1.82B. SharpLink holds 860,299 ETH valued at $3.01B at an average cost of $3,609, with an unrealized loss of $93.77M.
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