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Ethereum Price Has Now Dropped Below Bitmine's Cost Basis According to EmberCN, Bitmine revealed that they purchased 264,000 ETH last week (worth $1.2 billion), bringing their total ETH holdings to 2.416 million. Based on the amount they disclose weekly and the average weekly ETH price, their average cost is estimated to be around $4,016. 📱@Money📱Twitter