BitMine's $9.1B Write-Down: The Staking Mirage and the ETH Leverage Trap
Hook BitMine reported a $9.1 billion unrealized loss on its Ethereum holdings...
| Coin | Price | 24h |
|---|---|---|
|
BTC
Bitcoin
|
$64,867.1 | -0.04% |
|
ETH
Ethereum
|
$1,921.98 | +1.97% |
|
SOL
Solana
|
$77.5 | -0.21% |
|
BNB
BNB Chain
|
$581 | -0.15% |
|
XRP
XRP Ledger
|
$1.11 | +0.39% |
|
DOGE
Dogecoin
|
$0.0741 | -0.20% |
|
ADA
Cardano
|
$0.1657 | +0.67% |
|
AVAX
Avalanche
|
$6.71 | +0.81% |
|
DOT
Polkadot
|
$0.8485 | -0.12% |
|
LINK
Chainlink
|
$8.55 | +2.88% |
Extreme Fear
Market Sentiment
Circulating supply increases by about 2%
Raises validator limit and account abstraction
Block reward halving event
Improves data availability sampling efficiency
92 million ARB released
Independent validator client goes live on mainnet
Team and early investor shares released
Block reward reduced to 3.125 BTC
Bitcoin Season
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