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Summarize this article with:
Tom Lee’s Ethereum bet is passing through a zone of strong turbulence. BitMine now shows nearly $7.35 billion in unrealized losses on its ETH wallet, while the crypto market increasingly doubts a quick rebound.
In Brief
- BitMine reports approximately $7.35 billion in unrealized losses on its ETH wallet.
- A drop of Ethereum to $1,600 could worsen the bill.
- Tom Lee’s bet remains long term, but the crypto…
