PANews, June 6: According to Lookonchain monitoring, the current unrealized losses for Tom Lee and Michael Saylor are as follows: Tom Lee’s Bitmine: Unrealized losses have expanded to $10.35 billion on 5.41 million ETH (current value approximately $10.03 billion, average cost around $3,500). Michael Saylor’s Strategy: Unrealized losses have expanded to $12.27 billion on 843,700 BTC (current value approximately $56.26 billion, average cost around $75,699).
Tom Lee's Bitmine and Michael Saylor's Strategy Suffer Major Unrealized Losses
PANewsShare
Summary
The Fear and Greed Index has fallen below 30 as Tom Lee’s Bitmine and Michael Saylor’s Strategy incur significant unrealized losses. Bitmine holds 5.41 million ETH, valued at $10.03 billion, with a $10.35 billion loss. Strategy’s 843,700 BTC is worth $56.26 billion but carries a $12.27 billion loss. Traders are now shifting focus to altcoins amid the bearish sentiment.
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