BlockBeats News, on February 5, according to on-chain data, Bitmine currently holds 4.243 million ETH, with an average cost price of about $3,849. With the recent continued downturn in the crypto market, Ethereum has dropped to $2,115, and the institution's Ethereum position has reached a record high floating loss of $7.357 billion.
Bitmine's Ethereum Holdings Face Record $7.357B Floating Loss as Price Drops to $2,115
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Summary
Ethereum price today fell to $2,115 on February 5, 2026, pushing Bitmine's floating loss to a record $7.357 billion. The firm holds 4.243 million ETH at an average cost of $3,849. Ethereum news shows continued pressure as the market remains in a downtrend.
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