Lượng ethereum mà BitMine nắm giữ đối mặt với tổn thất 7,35 tỷ USD trên sổ sách do giá ETH giảm

The Huoxing Finance report states that on May 24, the Ethereum treasury company BitMine (BMNR) currently holds 5.28 million ETH, accounting for approximately 4.37% of ETH's total supply. As ETH has retraced more than 57% from its October 2025 high, BitMine's current unrealized paper loss has expanded to approximately $7.35 billion. BitMine launched its Ethereum treasury strategy in July 2025 and has consistently increased its ETH holdings during the downturn, with an average acquisition cost of around $3,513. BitMine's Chairman Tom Lee has previously stated multiple times that ETH has historically experienced "V-shaped recoveries" after significant pullbacks, suggesting the current decline may still represent a long-term buying opportunity. However, analysis indicates that ETH's current technical formation shows a bearish "rising wedge" pattern; if it breaks below key support levels, the price could further decline to around $1,600, representing a drop of approximately 25%. If this scenario occurs, BitMine's unrealized paper loss could expand to over $10 billion. Additionally, ETH currently faces pressure from ongoing ETF outflows, deteriorating market sentiment, and personnel changes at the Ethereum Foundation. Santiment data shows that the ratio of bullish to bearish comments on ETH's social media has dropped from 2:1 at the end of April to nearly 1:1.