[BitMNR and SharpLink ETH Holdings Face Unrealized Losses Exceeding $1.9 Billion] On-chain analysis shows that as the price of ETH fell below $3,500, the ETH treasuries of BitMNR and SharpLink experienced significant unrealized losses. BitMNR holds 3.3954 million ETH, valued at $11.88 billion, with an average cost of $4,037 per ETH, currently facing an unrealized loss of $1.82 billion. SharpLink holds 860,300 ETH, valued at $3.01 billion, with an average cost of $3,609 per ETH, currently facing an unrealized loss of $93.77 million. Combined, the two entities are facing unrealized losses exceeding $1.9 billion.