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via CoinDesk · By CoinDesk Staff

Ethereum news: ETH falling below $1,800 leaves Tom Lee's Bitmine (BMNR) with $8.9 billion paper loss

ETH

ETH/USDT

$1,791.06
+0.51%
24h Volume

$13,197,798,376.78

24h H/L

$1,833.40 / $1,728.95

Change: $104.45 (6.04%)

Long/Short
63.3%
Long: 63.3%Short: 36.7%
Funding Rate

+0.0049%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,793.07

-0.36%

Volume (24h): -

Resistance Levels
Resistance 3$1,985.30
Resistance 2$1,871.23
Resistance 1$1,797.80
Price$1,793.07
Support 1$1,783.56
Support 2$1,713.05
Support 3$1,615.03
Pivot (PP):$1,796.86
Trend:Downtrend
RSI (14):57.9
CS
CoinDesk Staff
(08:33 PM UTC)
1 min read
EW
Verified byEmily Watson
1474 views
0 comments

Bitmine's Ethereum bet nears $9 billion loss as ether falls below $1,800

Shares of Tom Lee's Ethereum treasury firm hit their lowest level since the company's crypto pivot as ETH revisits the February lows.

Bitmine Immersion Technologies (BMNR), the largest corporate holder of ether (ETH), is staring at nearly $9 billion in losses as the token's slide below $1,800 drags down the value of its…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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CoinDesk Staff · CoinDesk

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