2025-12-26 09:40:37

#数字资产市场动态 Bitmine's unrealized losses on Ethereum have already reached $3.5 billion — a number that sounds enough to be suffocating. Based on historical experience, losses of this magnitude on paper often trigger forced liquidations or large-scale sell-offs, thereby impacting market liquidity.

But there's a subtle point here: the $3.5 billion unrealized loss is just a paper figure; the real impact comes from the sell-off at that moment. Losses that don't involve actual transactions are essentially virtual.

Even whales can't escape this psychological pressure. It's just that they view the problem from a different perspective. Short-term market fluctuations are just noise to them; what truly drives them is a longer-term strategic layout — the logical accumulation year after year. According to market observations, Bitmine is likely to continue increasing its position. This isn't a gamble, but a confidence in long-term trends.

ETH-0,5%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

14 Likes

Reward
14
5
Repost
Share

Comment

0/400

BrokenRugs

· 10h ago

Paper losses are just self-soothing talk; you'll know the truth when the dump happens. A floating loss of 3.5 billion sounds impressive, but players like Bitmine have long seen through it. Long-term holders are this resilient. Wealth and losses on paper are just that—on paper. The key is when to act. Honestly, this is a psychological battle—the eternal theme of whales versus retail investors. Add to positions? Or run away? The market is still waiting for the answer.

View OriginalReply0

MEVVictimAlliance

· 10h ago

I've heard the story of paper losses too many times; you'll know when the moment to sell truly arrives.

View OriginalReply0

LiquidityNinja

· 11h ago

3.5 billion unrealized losses sound intimidating, but as long as you haven't sold, there's no harm. I've heard this logic before. Adding positions is the real signal; the whales are playing a big game. Paper losses vs. real cash liquidation, that's a world apart. Basically, it's a psychological battle to see who panics first. Long-term investors never care about short-term fluctuations; that's the winning mindset. Whether 3.5 billion is significant depends on how they handle the follow-up. If Bitmine truly adds to their positions, then we’re in for a show. Liquidity shocks rely on listening to the wind, not guessing. The greatest psychological pressure always comes from retail investors; whales simply don't take it seriously. Holding unrealized losses is just a numbers game; the impact depends on when they break and admit defeat.

View OriginalReply0

TrustMeBro

· 11h ago

Paper unrealized losses, what's there to be afraid of? No market crash. --- 3.5 billion sounds scary, but only if it really crashes will the market be in trouble. --- Whale mentality is just different; we mortals can only shiver in fear. --- Continue adding positions? Bro, your psychological resilience is incredible. --- Basically, it depends on whether he will really sell. Not selling is just a numbers game. --- With this level of unrealized loss, I would have gone crazy long ago haha. --- Long-term confidence vs. a paper loss of 35 billion. I bet he will ultimately hold back. --- It's the same old story, paper losses are just virtual clouds... until the real crash happens. --- I can't see through Bitmine's operational logic. --- What would happen if they really dumped? Who would take over the position?

View OriginalReply0

RooftopReserver

· 11h ago

Paper unrealized losses only, the real cowardice is from retail investors lacking resolve --- 3.5 billion sounds scary, but they don't care about short-term fluctuations at all --- The key is whether there is real panic selling; if you haven't sold, it's all just virtual numbers --- Bitmine's pace is a clear signal of long-term bullishness --- Psychological pressure is high, but we can't even imagine the mental resilience of whales --- Adding positions? This guy isn't afraid at all; he's actually accumulating at the bottom --- To put it simply, how much unrealized loss there is doesn't matter; what's important is whether your conviction is strong enough --- The 3.5 billion on the books is just a joke to true long-term players --- This move was a bit aggressive, but it truly reflects what it means to have a broad vision

View OriginalReply0