According to Ember Monitor, ETH treasury company Bitmine continues to fill positions to lower the average price: it received 17,242 ETH (worth $48.96 million) from BitGo and FalconX 8 hours ago. Bitmine has added 63,114 ETH (worth $188 million) through Kraken, BitGo and FalconX this week.
The average price of 3.56 million ETH held by the company is $4,009, and it has now lost $4.16 billion, while the total market value of its shares is only $7.40 billion.
Bitmine continues to replenish ETH and has lost more than $4 billion
2025-11-21 03:00:37
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