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📉 BitMine Immersion reports a $6B paper loss amid deepening $ETH sell-off

The crypto mining firm's growing Ether losses are tied to treasury strategies, leverage unwinds, and weak liquidity accelerating the market downturn, according to Cointelegraph.

📉 BitMine Immersion reports a $6B paper loss amid deepening $ETH sell-off.

The crypto mining firm's growing Ether losses are tied to treasury strategies, leverage unwinds, and weak liquidity accelerating the market downturn, according to Cointelegraph.