An investor, identified as @Jackyi_ld, has confirmed that the cost basis for their Ethereum (ETH) holdings, accumulated since November, is approximately $3,150. The current market conditions have resulted in a paper loss of $143 million on their 645,000 ETH holdings. The investor plans to inject an additional $1 billion, aiming to reduce the average cost to around $3,050 per ETH.
Investor Faces $143 Million Loss on Ethereum Holdings
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