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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

$2,455.56

-2.71%

$2,455.56

-2.71%

(24s)

24h Volume

$9,652,528,499.19

24h H/L

$2,532.21 / $2,431.61

Change: $100.60 (4.14%)

Long/Short

60.2%

Long: 60.2%Short: 39.8%

Funding Rate

+0.0031%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,454.90

▼ -0.04%

Volume (24h): -

Resistance Levels

Resistance 3$2,855.08

Resistance 2$2,593.80

Resistance 1$2,516.30

Price$2,454.90

Support 1$2,448.56

Support 2$2,388.66

Support 3$2,316.57

Pivot (PP):$2,478.04

Trend:Uptrend

RSI (14):62.6

CoinDesk Staff

(08:33 PM UTC)

1 min read

Verified byEmily Watson

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…

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CoinDesk Staff · CoinDesk

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