BitMine faces $6B ETH loss

BitMine’s Ethereum holdings face $6B unrealized loss as ETH drops below $2K. Tom Lee’s firm holds 3.5% of ETH supply, raising concerns over potential sell-offs.

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Ethereum is starting to show strength after consolidating for several sessions. I’m watching this pair closely for a potential momentum move.

📈 What I’m Seeing:

Price holding above short-term support

Gradual increase in buying volume

RSI recovering from mid-range (room for upside)

#eth #BitMine faces $6B ETH loss $ETH

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