Institutional ETH Holders Billions in Losses

Institutional Ether (ETH) treasury companies are experiencing billions of dollars in unrealized losses in their holdings following the recent market correction. The largest ETH holder, BitMine Immersion Technologies, is facing a $6.95 billion paper loss; with an average purchase price of $3.883 while ETH is currently trading at 2.347,52 dollars (24-hour change: -%0,05). SharpLink Gaming, in second place, is facing $1.09 billion in unrealized losses, with an average cost of $3.609.

Institutional ETH Treasury Companies’ Unrealized Losses

The decline in mNAV ratios is making fundraising difficult; BitMine’s mNAV has fallen to 1, SharpLink’s to 0.92. Hong Kong-based Trend Research sold 33.589 ETH at a loss for $79 million and still holds 618.000 ETH (approximately $1.45 billion worth) with $534 million in unrealized losses.

• Largest ETH Holders: BitMine: 6.95 billion $ loss | SharpLink: 1.09 billion $ loss | Trend Research: 534 million $ loss
• Smart money investors bought $38.3 million in spot ETH last week (Nansen, Bitminetracker.io, EmberCN data).

ETH Technical Analysis: RSI and Trend Status

ETH is in the oversold region with RSI 28.16. Trend: Downward, Supertrend: Bearish, EMA 20: 2.831,45 dollars. Price stable at 2.347,52 dollars but under pressure.

Critical Support and Resistance Levels for ETH

• Supports: S1: 2.157,14$ (Strength: 71/100, ⭐ Strong, -%8,48 distance) | S2: 2.303,60$ (66/100, ⭐ Strong, -%2,27)
• Resistances: R1: 2.396,15$ (73/100, ⭐ Strong, +%1,66) | R2: 2.603,63$ (62/100, ⭐ Strong, +%10,46)

Frequently Asked Questions About ETH Unrealized Losses

• How much loss did institutional ETH holders incur? Total billions of dollars; BitMine leads with 6.95 billion $.
• What is the ETH mNAV ratio and why is it important? Market value / NAV; falling below 1 hinders fundraising.
• Will ETH price recover? RSI oversold, smart money purchases promising but bearish trend dominant.