BitMine Immersion faces $6B paper loss as Ether sell-off deepens

 

BitMine Immersion faces $6B paper loss as Ether sell-off deepens

BitMine’s growing ETH losses highlight the risks of crypto treasury strategies as leverage unwinds and weak liquidity accelerates market downturns.

Read MoreCointelegraph.com News

More From Author

Retail traders are running for the exit amid bitcoin’s selloff, while ‘mega-whales’ are quietly buying the dip

Bitcoin hashrate drops 12% in worst drawdown since China mining ban: CryptoQuant

Leave a Reply

Your email address will not be published. Required fields are marked *