Two Leading Ethereum Reserve Firms Still Hold Over $1.2 Billion in Unrealized Gains
According to a report by Jinse Finance, crypto KOL AB Kuai.Dong revealed that although Ethereum has retraced about 9% from its weekend high, the holdings of two leading Ethereum reserve companies remain in profit. Based on the current Ethereum price of $4,331: BMNR's cost is $3,827, with a floating profit of 13.8%, and a total unrealized gain of $679 million; SBET's cost is $3,571, with a floating profit of 22%, and a total unrealized gain of $571 million. During the workweek, the two companies may disclose more data on their increased Ethereum holdings.
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