Bitcoin's price has fallen to approximately $89,000, causing substantial losses for several major cryptocurrency holders. According to Galaxy Research, Metaplanet has shifted from a $600 million unrealized gain in October to a $530 million unrealized loss. Nakamoto, with an average holding price of $118,000 per Bitcoin, faces over $180 million in losses, and its stock price has plummeted more than 95% from its peak. Semler Scientific, with an average entry price of $95,000, is experiencing losses exceeding $50 million.
Among the major treasury holders, only Strategy remains in profit, although its gains have decreased from $28.4 billion to $6.9 billion. The entry prices for the other three major treasury holders are all above $100,000 per Bitcoin, indicating significant financial pressure as the cryptocurrency's value declines.
Bitcoin Drops to $89,000, Major Holders Face Significant Losses
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