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TOM LEE'S ETH BET IS STILL LOSING
Bitmine is still sitting on -$560M in unrealized losses, with 243,765 $ETH in the red.
WORST part is, every single ETH they’ve bought since they began accumulating in July is DOWN.
That means Bitmine’s average buy cost is still ABOVE ETH’s current ~$2,300.
Last week’s buy didn’t even help.
The 41,788 $ETH at ~$2,488 is now sitting at an unrealized loss of -$7.8M.
Buying the dip… and the dip kept dipping.
No relief. No recovery. Just more red.
#pendle $ETH $vra