Are the three major bullish investors (Strategy, BitMine, and Trend Research) doing alright? Their combined holdings have suffered losses exceeding $1...
TL;DR
Three major crypto investors—Strategy, BitMine, and Trend Research—have suffered significant losses totaling over $50 billion in BTC and ETH holdings, with unrealized losses and liquidation risks highlighted.
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As of February 6, Michael Saylor's Strategy held approximately 713,500 BTC with an average cost of approximately $76,052. This represents a loss of over $41.3 billion from the peak, equivalent to about 250 tons of gold, and an actual unrealized loss of approximately $6.4 billion.
Tom Lee's BitMine currently holds approximately 4.29 million ETH, with an average cost of about $3,849, resulting in a loss of over $8.1 billion, equivalent to about 49 tons of gold.
Trend Research, a subsidiary of Yi Lihua, held approximately 463,000 Ethereum tokens at an average cost of about $3,180, resulting in a loss of over $647 million. The liquidation price was above $1,600, equivalent to about 4 tons of gold.