Several institutions that everyone is very concerned about regarding their costs and profit and loss status:
1. MicroStrategy: The current BTC price has dropped to near MicroStrategy's cost line: they hold 712,600 BTC, with an average cost of $76,037. Their floating profits have almost been completely eroded, and if it drops another $3,000, it will officially declare that they are also trapped.
2. Tom Lee's Bitmine: They hold 4,243,000 ETH, with an average cost of $3,849. They have been trapped for a while, but as ETH has now reached $2.4K, their floating losses have hit a new high: $5.92 billion. Their losses have surpassed one-third (-36%).
3. Yili Hua's Trend Research: They hold 651,500 ETH, with an average cost of approximately $3,180, currently floating at a loss of $475 million. Due to added borrowing leverage, these ETH positions have a liquidation price around $1,880, which is about $570 away from the current price.
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