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Urgent and serious: A disaster twice as big as the FTX crash!
Huge losses for Bitcoin and Ethereum holders from companies
Bitmine leads with unrealized losses of $8.7 billion, all of their investment being in ETH.
Immediately following is Strategy& with losses of $8.3 billion, all of their investment being in BTC.
Bitmine's loss alone is bigger than the FTX crash, which was around $8 billion.
$BTC
{spot}(BTCUSDT)
$ETH
{spot}(ETHUSDT)