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186 Tom Lee’s BitMine sits on $6 billion loss from ether bets

CoinDesk
Shaurya Malwa @ CoinDesk · 02/01/2026 01:54 EDT

Tom Lee’s BitMine sits on $6 billion loss from ether bets

The firm’s recent ETH purchases came just ahead of a sharp market slide, pushing unrealized losses past $6 billion as liquidity thinned and liquidations picked up.

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