On-chain analyst Yu Jin: Strategy's holdings of 712,600 BTC are nearing the cost line, while Bitmine's ETH holdings face a floating loss of $5.92 billion

Odaily News On-chain analyst Yu Jin posted on platform X, stating that the current cost basis and profit/loss status for several institutions are as follows:

Strategy (MicroStrategy) holds 712,600 BTC with an average cost of $76,037. The current BTC price is approaching its cost line, with floating profits essentially wiped out;

Tom Lee's Bitmine holds 4.243 million ETH with an average cost of $3,849. As the ETH price dropped to $2,400, its floating loss reached $5.92 billion, representing a loss ratio exceeding 36%;

Yilihua's Trend Research holds 651,500 ETH with an average cost of approximately $3,180, currently facing a floating loss of $475 million. As this position involves leveraged borrowing, the liquidation price is around $1,880.