Bitmine and SharpLink's Ethereum Staking Holdings Experience Combined Unrealized Loss of Over $1.9 Billion

BlockBeats News, November 4th, according to on-chain analyst Yu Jin's monitoring, as ETH fell below $3,500, the two major ETH treasury companies are currently facing significant unrealized losses:

· Bitmine: Holds 3,395,422 ETH ($11.88 billion), with an average cost of $4,037, resulting in an unrealized loss of $1.82 billion;

· SharpLink: Holds 860,299 ETH ($3.01 billion), with an average cost of $3,609, resulting in an unrealized loss of $93.77 million.