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BitMine's Ethereum Loss Narrowed to $5.41 Billion Amid Price Decline

Guavy AI Editorial Team
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BitMine's Ethereum holdings have seen their unrealized loss narrow to around $5.41 billion, following a significant decline in Ethereum's price. According to BlockBeats, BitMine currently holds approximately 5,815,164 ETH, acquired at an average cost of $3,366 per unit.

With Ethereum trading at $2,436 at the time of writing, BitMine's holdings are now showing a loss of around $5.41 billion, down from a previous high of over $10 billion.

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