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1Bitget Daily Digest(October 11)|Trump Announces 100% Tariffs on China, Triggering Market Turmoil; Crypto Industry Liquidations Exceed $19.1 Billion in 24 Hours, Setting New Record.2Bitcoin slump may rebound up to 21% in 7 days if history repeats: Economist3US–China Tariff Fears Hit Bitcoin Treasury Stocks
Flash
- 15:18Data: Bitmine's total acquisition cost of Ethereum is approximately $12.934 billion, currently facing an unrealized loss of nearly $2.076 billion.ChainCatcher news, according to strategicethreserve data, the largest Ethereum holding institution, Bitmine, increased its holdings by 27,256 ETH today. It now holds 2,857,407 ETH, with a total acquisition cost of 12.934 billions USD and an average price of approximately 4,526 USD. Based on the current ETH price of 3,800 USD, its portfolio is currently valued at about 10.858 billions USD, facing an unrealized loss of approximately 2.076 billions USD.
- 14:23Bitmine increased its holdings by 27,256 ETH in the past hour, worth $104 million.According to Jinse Finance, on-chain analytics platform Lookonchain has monitored that Bitmine, the largest Ethereum holding institution, purchased another 27,256 ETH within the past hour, valued at $104 million. Previous reports stated that Bitmine Chairman Tom Lee mentioned that the decline was expected and that the probability of an increase in the following week is quite high.
- 14:14GSR: GSR OTC trading platform remains extremely activeJinse Finance reported that GSR stated on the X platform that its OTC trading platform remains extremely active and is able to handle client requests. During periods of extreme volatility, GSR has made moderate adjustments to its quotations and continues to provide liquidity for most tokens.