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Ethereum news: ETH falling below $1,800 leaves Tom Lee's Bitmine (BMNR) with $8.9 billion paper loss
ETH
ETH/USDT
$1,880.18
+0.04%
$1,880.18
+0.04%
(24s)24h Volume
$1,626,965,329.93
24h H/L
$1,886.58 / $1,877.01
Change: $9.57 (0.51%)
Long/Short
66.9%
Long: 66.9%Short: 33.1%
Funding Rate
+0.0045%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(08:33 PM UTC)
1 min read
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…
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