Strategy's Bitcoin holdings have incurred a paper loss of $11.07 billion, while Bitmine's Ethereum holdings are down by $9.58 billion, according to Lookonchain monitoring. The market downturn has also impacted other major holders, with SharpLink experiencing a $1.59 billion loss on Ethereum, Metaplanet facing a $1.38 billion loss on Bitcoin, and Forward Industries seeing a $1.13 billion loss on Solana.
Major Crypto Holders Face Billions in Paper Losses Amid Market Decline
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