STRATEGY AND BITMINE HOLD $13B UNREALIZED LOSSES IN $BTC AND $ETH 💎
Publicly disclosed cost bases are now underwater: Strategy’s $BTC average at $75,651 is 20.7% below current spot, and BitMine’s $ETH average at $33,399 is 53.6% underwater. These levels draw liquidity — both institutional stop losses and potential buy-side absorption zones.
Volume on both assets is below the 20-day average, suggesting the market is waiting for a sweep of these key cost basis clusters before committing. The longer prices sit below these averages, the more tension builds for a structural reaction.
Are you eyeing these cost levels as potential support or resistance zones?
Not financial advice. Always manage your risk.
#BTC #ETH #UnrealizedLosses #MarketStructure #CryptoAnalysis
💎
Publicly disclosed cost bases are now underwater: Strategy’s $BTC average at $75,651 is 20.7% below current spot, and BitMine’s $ETH average at $33,399 is 53.6% underwater. These levels draw liquidity — both institutional stop losses and potential buy-side absorption zones.
Volume on both assets is below the 20-day average, suggesting the market is waiting for a sweep of these key cost basis clusters before committing. The longer prices sit below these averages, the more tension builds for a structural reaction.
Are you eyeing these cost levels as potential support or resistance zones?
Not financial advice. Always manage your risk.
#BTC #ETH #UnrealizedLosses #MarketStructure #CryptoAnalysis
💎