The 2.83 million ETH held by Bitmine are currently at an unrealized loss of $1.93 billion.

According to Jinse Finance, Onchain Lens monitoring shows that after the decline in the early hours today, Bitmine's ETH positions suffered heavy losses, facing an unrealized loss of $1.93 billions. Bitmine currently holds 2,830,151 ETH, with a total acquisition cost of $12.83 billions and an average price of $4,535. However, the current valuation of these ETH holdings is only $10.9 billions.