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Over the past 4 hours, the entire network has liquidated $306 million, with $142 million in BTC liquidations.
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Bitmine Ethereum holdings unrealized losses expand to $7.357 billion, hitting a new all-time high
BlockBeats News, February 5th, according to on-chain data, Bitmine currently holds 4.243 million ETH, with an average cost basis of approximately $3,849. As the crypto market continues to decline recently, Ethereum has fallen to $2,115, and the institution’s Ethereum holdings have a floating loss reaching a record high of $7.357 billion.