CQ reports that Bitmine is currently holding an unrealized loss of approximately $3.5 billion, marking a significant drawdown.
Reflects the sharp correction across crypto assets Losses remain unrealized, dependent on future price action Highlights the elevated risk of large, leveraged or concentrated positions
A reminder that volatility cuts both ways — even for major players.
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📉 MARKET INSIGHT
CQ reports that Bitmine is currently holding an unrealized loss of approximately $3.5 billion, marking a significant drawdown.
Reflects the sharp correction across crypto assets
Losses remain unrealized, dependent on future price action
Highlights the elevated risk of large, leveraged or concentrated positions
A reminder that volatility cuts both ways — even for major players.