BitMine Faces Potential $6.6 Billion Loss in Ethereum Holdings

BitMine, a treasury company dealing with Ethereum, is facing a potential loss of $6. 6 billion, according to ChainCatcher. If realized, this would rank as the fifth-largest proprietary trading loss in global financial market history. In comparison, Archegos Capital Management suffered a loss of approximately $10 billion in 2021, which was about 66% of the company's size, marking it as the largest loss recorded source: https://www.binance.com/en/square/post/35908418143914?utm_source=BinanceNewsRSS