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Bitmine ETH Position Bleeds Billions As Ethereum Struggles to Hold $2k

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February 5, 2026
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Bitmine ETH Position Bleeds Billions As Ethereum Struggles to Hold $2k
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The prevailing bearish trend around the Ethereum price is weighing heavily on BitMine’s 4.2 million ETH holdings. The Ether treasury company’s holdings are coming under continuous pressure, sparking widespread speculation. Ethereum Drop Hits Bitmine Hard According to an X post shared by on-chain analytics platform Lookonchain, BitMine, the largest public holder of Ethereum, is facing

The post Bitmine ETH Position Bleeds Billions As Ethereum Struggles to Hold $2k appeared first on CoinGape.

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