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BitMine Immersion faces $6B paper loss as Ether sell-off deepens

BitMine's growing ETH ETH - $2399.082 losses highlight the risks of crypto treasury strategies as leverage unwinds and weak liquidity accelerates market downturns.

Source: cointelegraph.com

Related symbols: ETHUSD

2026-01-31 19:20:04 GMT.

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ETH

Price & Market Data

Price: $2399.082

Volume 24h: $51,507,944,748.69

Market Cap: $289,554,350,041.33

Description

Ethereum (ETH) is a cryptocurrency . Ethereum has a current supply of 120,694,435.0964247. The last known price of Ethereum is 2,932.24439183 USD and is down -0.80 over the last 24 hours. It is currently trading on 11455 active market(s) with $8,586,452,927.95 traded over the last 24 hours. More information can be found at https://www.ethereum.org/.