Data: MicroStrategy BTC unrealized gains have mostly been recouped, while Bitmine ETH unrealized losses have reached a new high of $5.92 billion.

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ChainCatcher reports, according to on-chain analyst Yu Jin’s monitoring, the current cost and profit/loss status of several institutions are as follows:

  • MicroStrategy (Strategy): The current BTC price has fallen near MicroStrategy’s cost basis: they hold 712,600 BTC with an average cost of $76,037. The unrealized gains have been mostly wiped out, and a further drop of $3,000 will officially “trap” them.
  • Tom Lee’s Bitmine: Holds 4.243 million ETH with an average cost of $3,849. Bitmine has been “trapped” all along, but as ETH has now reached $2.4K, unrealized losses hit a new high of $5.92 billion. The loss has exceeded one-third (-36%).
  • Yi Lihua’s Trend Research: Holds 651,500 ETH with an average cost of about $3,180, currently with an unrealized loss of $475 million. Due to leveraged borrowing, their ETH positions have liquidation prices around $1,880, about $570 below the current price.
BTC-0,56%
ETH-2,22%
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