according to on-chain analyst Yu Jin's monitoring, the current costs and profit and loss status of several institutions are as follows:
Strategy: The current BTC price has dropped close to Strategy's cost line: it holds 712,600 BTC with an average cost price of $76,037. The unrealized gains have basically been fully reversed, and if it falls another $3,000, it will officially be "underwater."
Tom Lee's Bitmine: Holds 4,243,000 ETH with an average cost price of $3,849. Bitmine has been "underwater" all along, but as ETH has now dropped to $2,400, the unrealized loss has hit a new high, reaching $5.92 billion. The loss has exceeded one-third (-36%).
Yi Lihua's Trend Research: Holds 651,500 ETH with an average cost price of about $3,180, currently with an unrealized loss of $475 million. Because leverage was added through borrowing, these ETH positions have a liquidation price around $1,880, about $570 away from the current price.
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