# Losses Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Losses", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Tom Lee Says BitMine’s Ethereum Losses Are ‘A Feature, Not A Bug’

Tom Lee, chairman of BitMine, has responded to criticism regarding the company's significant unrealized losses, stating they are "a feature, not a bug." Following a major market downturn where Ethereum's price dropped nearly 25%, BitMine, the largest corporate holder of ETH, saw its holdings of 4.285 million ETH fall into substantial loss. Lee argued that these losses are expected during market downturns and are part of the firm's design to track and outperform Ethereum's price over a full market cycle. He compared the strategy to index ETFs, which also experience periods of unrealized losses. Amid the decline, BitMine has staked approximately 67% of its ETH holdings to generate passive income. Ethereum's price recently rebounded to $2,250 after a sharp drop.

bitcoinist02/05 05:07

Tom Lee Says BitMine’s Ethereum Losses Are ‘A Feature, Not A Bug’

bitcoinist02/05 05:07

Arizona Warns of Crypto ATM Scams After $177M in Losses

Arizona Attorney General Kris Mayes issued a statewide warning about the rising threat of crypto ATM scams, which cost residents over $177 million in losses in 2024. The FBI reported a 99% increase in such complaints nationwide, totaling more than $246 million. Scammers typically contact victims via phone or text, posing as banks, law enforcement, or relatives, and convince them to deposit cash into one of Arizona’s 600 crypto ATMs—after which funds are irrecoverable. In response, Arizona implemented the Crypto Kiosk Licence Fraud Prevention law, capping daily transactions at $2,000 for new users and $10,500 for existing ones. Operators must now refund victims who file a police report within 30 days. The state has also placed physical "STOP" signs on Bitcoin ATMs and collaborated with law enforcement to raise awareness. Legal actions are expanding beyond Arizona, with Washington D.C.’s Attorney General suing Athena Bitcoin after finding that 93% of its deposits in the first five months were scam-related, often targeting elderly victims.

TheNewsCrypto02/03 12:36

Arizona Warns of Crypto ATM Scams After $177M in Losses

TheNewsCrypto02/03 12:36

Hunting Ethereum Bulls: 'Whales' Suffer $7 Billion in Losses, Under Collective Scrutiny

"Whale Hunt: Ethereum Bulls Lose $7 Billion as Market Watches" The crypto market is witnessing a dramatic showdown as two prominent Ethereum "whales," Tom Lee's BitMine and Jack Yi's (易理华) Trend Research, face massive, publicly visible losses on their massive ETH long positions. BitMine, a former Bitcoin miner turned Ethereum treasury, holds 4.285 million ETH (approx. 3.52% of supply) with an average cost of $3,837. With ETH's price plummeting to around $2,350, the company is sitting on an estimated $6.4 billion unrealized loss. Despite this, BitMine remains committed, holding significant cash reserves and generating over $1 million daily from staking yields. In stark contrast, Trend Research took a high-risk, leveraged approach. Using a loop of staking ETH on Aave, borrowing USDT, and buying more ETH, the fund amplified its long exposure. The recent crash from $3,000 to nearly $2,150 forced Trend Research into a desperate survival mode. To avoid mass liquidation, it sold 73,588 ETH (worth ~$169 million) to repay loans, realizing millions in losses and creating a negative feedback loop of selling pressure. Its total losses on the leveraged position reached $613 million. This public struggle highlights the peril of transparent, on-chain leverage, where positions become targets for the entire market. Paradoxically, while these whales bleed, on-chain data shows underlying strength: a record 30%+ of ETH's supply is now staked, indicating long-term conviction and a shift from a speculative asset to a productive, yield-bearing one. This event represents a painful but perhaps necessary deleveraging and redistribution of ETH holdings within the ecosystem.

marsbit02/03 08:40

Hunting Ethereum Bulls: 'Whales' Suffer $7 Billion in Losses, Under Collective Scrutiny

marsbit02/03 08:40

Is BitMine pushing its Ethereum thesis too far after $6 billion hit?

Tom Lee's BitMine, known for its aggressive accumulation of Ethereum, is facing a severe test as its massive bet faces a sharp downturn. The company's Ethereum portfolio, holding over 4 million ETH, has plummeted in value by approximately $6 billion due to a 28% drop in the asset's price over the past month. This decline has contributed to BitMine's overall losses, which also include significant holdings in Bitcoin and Solana. The sell-off was exacerbated by forced liquidations in derivatives markets, impacting the company's stock price as well. Despite the losses, Lee had previously warned investors of a volatile period in early 2026, citing macro risks like trade tensions and an upcoming Federal Reserve leadership transition. He maintains a long-term conviction, advocating to "buy the dip." The outcome of BitMine's $9 billion crypto treasury strategy now hinges on whether this downturn validates Lee's Ethereum supercycle thesis or proves the company overextended itself.

ambcrypto02/02 09:02

Is BitMine pushing its Ethereum thesis too far after $6 billion hit?

ambcrypto02/02 09:02

Altcoin market sees sharp drawdown as selling pressure accelerates

The altcoin market experienced a sharp sell-off, with its total market cap excluding Bitcoin and stablecoins falling by approximately $50 billion (over 4%) to around $1.2 trillion. Trading volume remained high at $147 billion, indicating active selling rather than low liquidity. Major altcoins saw significant weekly declines: Ethereum dropped nearly 7%, Solana and XRP both fell over 11%, while Dogecoin and Cardano lost more than 14%. Monero led the downturn with a 25% weekly decline. Market structure weakened as the altcoin market failed to hold the $1.3 trillion level, with technical indicators like the RSI falling below 40, signaling strong bearish momentum. Bitcoin's drop below $90,000 further accelerated the altcoin sell-off, reflecting a classic risk-off rotation where traders reduce exposure to higher-risk assets. Altcoins remain vulnerable to further downside in the near term.

ambcrypto01/20 22:32

Altcoin market sees sharp drawdown as selling pressure accelerates

ambcrypto01/20 22:32

Bitcoin eyes $99K – 3 reasons why BTC holders choose to hold

Bitcoin has rebounded to around $95k after hitting a cycle low near $80k, significantly reducing stress among short-term holders (STHs). Their unrealized losses dropped from a record $110 billion to around $65 billion, with average losses now at 6.4% compared to over 10% previously. STH Sell-Side Risk has fallen to near-historical lows, indicating exhausted selling pressure. Improved metrics suggest reduced likelihood of panic selling, with holders more inclined to retain assets. Bitcoin shows bullish momentum, testing key EMAs, with a break above the 100-day EMA potentially paving the way toward $99k.

ambcrypto01/18 18:01

Bitcoin eyes $99K – 3 reasons why BTC holders choose to hold

ambcrypto01/18 18:01

Crypto Users Hit By 1,400% Surge In Impersonation Scams, Research Shows

Impersonation scams surged by 1,400% in 2025, causing billions in losses as criminals used AI tools, voice cloning, and fake customer-support schemes. The average scam amount increased by over 600%, with AI-enabled methods proving several times more profitable. Scammers impersonated exchange staff and celebrities using deepfakes and sophisticated social engineering, making operations more efficient and harder to trace. One high-profile case stole nearly $16 million. Total on-chain crypto scam losses for 2025 are estimated between $14 billion and $17 billion.

bitcoinist01/14 15:31

Crypto Users Hit By 1,400% Surge In Impersonation Scams, Research Shows

bitcoinist01/14 15:31

Hackers and Scammers Stole $4 Billion in Cryptocurrencies in 2025

In 2025, hackers and fraudsters stole over $4 billion in cryptocurrencies, a 34.2% increase compared to the $3.01 billion stolen in 2024, according to analytics firm PeckShieldAlert. The total damage exceeded $4.04 billion, with $2.67 billion (a 24.2% annual increase) attributed to hacks and $1.37 billion (a 64.2% increase) to fraud cases. A strategic shift was noted towards a rise in scams utilizing social engineering methods, such as psychological manipulation to trick victims into revealing confidential information, which accounted for 12% of the losses. The most significant single incident was the $1.4 billion hack of the Bybit exchange in February of the previous year. An additional 22% of losses came from scams, including 'rug pulls' and pseudo-crypto investment schemes. Another key change was the increasing share of centralized services among the affected platforms. Their share of losses grew from just over 35% in 2023 to around 45% in 2024, and exceeded 70% in 2025. Only about $334.9 million of the stolen funds were frozen or returned during the year, a decrease from the $488.5 million recovered in 2024.

RBK-crypto01/13 12:39

Hackers and Scammers Stole $4 Billion in Cryptocurrencies in 2025

RBK-crypto01/13 12:39

Traders Lost Nearly $500 Million Due to Crypto Market Crash. What Happened

On January 8th, the cryptocurrency market experienced a sharp decline, with Bitcoin (BTC) momentarily dropping below $90,000, erasing all its gains from the beginning of the week. Ethereum (ETH) also fell, dropping over 5% to below $3,100. Although prices slightly recovered later, the total market capitalization fell by approximately 4% to $3.1 trillion. This volatility led to the liquidation of over $460 million in leveraged trades, affecting more than 127,000 traders. The vast majority of these losses, $415 million, were from long positions betting on price increases, primarily in Bitcoin and Ethereum. Market sentiment, as measured by the Fear and Greed Index, remained in the "fear" zone at 28 out of 100, indicating a tendency among investors toward panic selling. Furthermore, U.S. spot Bitcoin ETFs recorded a significant net capital outflow of nearly $486 million on January 7th, marking the second consecutive session of outflows. Ethereum ETFs also saw outflows, ending a three-session streak of positive inflows with a $98 million net outflow. Despite the recent drop, Bitcoin's price remains up more than 3% since the start of the year.

RBK-crypto01/08 09:00

Traders Lost Nearly $500 Million Due to Crypto Market Crash. What Happened

RBK-crypto01/08 09:00

Crypto market’s weekly winners and losers – MYX, PEPE, UNI, HYPE

Crypto markets opened 2026 with broad-based gains, as the CoinMarketCap Top 20 Index rose nearly 5%. Bitcoin and Ethereum posted gains of nearly 5% and 7%, respectively. Weekly winners included MYX Finance (MYX), which surged 77% ahead of its upcoming V2 upgrade, showing strong buying pressure. World Liberty Financial (WLFI) climbed roughly 22%, breaking out of a tight range. Pepe (PEPE) led memecoins with over 70% gains, backed by sustained volume. Other notable gainers included Toncoin (up ~12%), Canton (up 28%), and Dogecoin (up 22%). Weekly losers included Uniswap (UNI), which slipped after failing to hold above $6 amid selling pressure. Hyperliquid (HYPE) fell toward $25 due to profit-taking and repeated rejections at resistance. Monero (XMR) pulled back to $420 after a rejection at $450. Tokenized assets like Tether Gold and PAX Gold both fell nearly 5%, indicating reduced hedging demand. The market showed renewed momentum but selective leadership, with advice to avoid chasing rallies and conduct due diligence.

ambcrypto01/04 19:08

Crypto market’s weekly winners and losers – MYX, PEPE, UNI, HYPE