The total market value of the top 20 DAT companies has shrunk by $17 billion, with Bitmine accounting for over 40%.
ChainCatcher news, according to TheDefiant, as the cryptocurrency market continues to decline (BTC and ETH have fallen below $73,000 and $2,100 respectively), the combined market capitalization of the 20 largest DATs has shrunk by $1.7 billions.
Among them, Tom Lee's Bitmine Immersion accounts for nearly 44% of this figure, with its unrealized ETH losses reaching as high as $7.5 billions, and an average purchase price of $3,900.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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