{"id":603175,"date":"2026-05-29T11:00:16","date_gmt":"2026-05-29T15:00:16","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=603175"},"modified":"2026-08-22T13:52:18","modified_gmt":"2026-08-22T17:52:18","slug":"bmnr-faces-90-collapse-how-this-affects-ethereum-at-2k","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/bmnr-faces-90-collapse-how-this-affects-ethereum-at-2k\/","title":{"rendered":"BMNR faces 90% collapse &#8211; How this affects Ethereum at $2K"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">With the market shifting back into risk-off mode, major support levels are starting to crack under pressure.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Technically, Ethereum\u2019s $2,000 zone is becoming the key battleground in real time. ETH has now logged three straight weeks of downside, sliding nearly 15%, and the current setup suggests the support level is hanging by a thread. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">A breakdown here could easily open the door to a broader capitulation move.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Notably, that backdrop makes the latest BitMine [BMNR] update even more notable. As the chart below highlights, the largest Ethereum DAT has collapsed almost 90% from its $161 peak reached last year.<\/span><\/p>\n<figure id=\"attachment_603196\" aria-describedby=\"caption-attachment-603196\" style=\"width: 1824px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/05\/BMNR_2026-05-29_12-13-11.png\"><img decoding=\"async\" class=\"wp-image-603196 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/05\/BMNR_2026-05-29_12-13-11.png\" alt=\"bmnr\" width=\"1824\" height=\"885\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/05\/BMNR_2026-05-29_12-13-11.png 1824w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/05\/BMNR_2026-05-29_12-13-11-300x146.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/05\/BMNR_2026-05-29_12-13-11-1024x497.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/05\/BMNR_2026-05-29_12-13-11-768x373.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/05\/BMNR_2026-05-29_12-13-11-1536x745.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/05\/BMNR_2026-05-29_12-13-11-1200x582.png 1200w\" sizes=\"(max-width: 1824px) 100vw, 1824px\" \/><\/a><figcaption id=\"caption-attachment-603196\" class=\"wp-caption-text\">Source: TradingView (ETH\/USDT)<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Zooming in further, Tom Lee\u2019s position has now given back a big chunk of unrealized gains, with portfolio profits down nearly 43%. That now works out to roughly $8 billion in total profits at the time of writing, showing the scale of the pullback as momentum fades.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To put it into perspective, BitMine has accumulated over 5 million ETH in just one year, taking its total Ethereum holdings to around $10 billion and representing roughly 4.5% of the total circulating supply.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, with BMNR down 90% from its highs and Tom Lee\u2019s portfolio seeing heavy value erosion, the market is now starting to question whether the 5% ETH target is still realistic. <\/span><\/p>\n<p><span style=\"font-size: 1rem;\">All of this comes as <a href=\"https:\/\/ambcrypto.com\/coins\/ethereum\/\" target=\"_blank\" rel=\"noopener\">Ethereum [ETH]<\/a> continues to lag on a technical basis versus Bitcoin. As a result, ETH\u2019s relative strength remains under pressure. Consequently, this also raises the stakes for any recovery from here.<\/span><\/p>\n<h2><b>Ethereum accumulation continues as market tension increases\u00a0<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Every market dip acts as a stress test for an asset\u2019s resilience in the eyes of investors.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With macro volatility still in play and FUD now spilling into Ethereum\u2019s largest holders, the setup is starting to look more fragile. As a result, the likelihood of preventing a deeper downside move appears limited. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sentiment has clearly weakened, which in turn is putting broader investor confidence under pressure.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, data from Santiment diverges from this narrative. As the chart shows, wallets holding at least 100k ETH now collectively control 17.41 million ETH. This is the highest level in nine weeks. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">That also puts their share at 22.03% of total supply, a 10-week high. In essence, FUD hasn\u2019t fully filtered into the top cohorts yet.<\/span><\/p>\n<figure id=\"attachment_603221\" aria-describedby=\"caption-attachment-603221\" style=\"width: 680px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/05\/1-22.png\"><img decoding=\"async\" class=\"wp-image-603221 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/05\/1-22.png\" alt=\"Ethereum\" width=\"680\" height=\"382\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/05\/1-22.png 680w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/05\/1-22-300x169.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/05\/1-22-640x360.png 640w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/05\/1-22-320x180.png 320w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/05\/1-22-160x90.png 160w\" sizes=\"(max-width: 680px) 100vw, 680px\" \/><\/a><figcaption id=\"caption-attachment-603221\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">For Ethereum\u2019s current cycle, that marks a clear divergence.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">From a technical standpoint, ETH\u2019s $2k support hasn\u2019t fully broken down yet, so a rebound scenario is still on the table. <\/span><span style=\"font-weight: 400;\">In this context, the recent BMNR-related FUD isn\u2019t purely bearish. On paper, ETH\u2019s pullback has already driven sizable unrealized losses for the company. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, whale conviction still looks intact, with <a href=\"https:\/\/x.com\/OnchainLens\/status\/2060146592607555631\" target=\"_blank\" rel=\"noopener\">accumulation trends<\/a> still supporting the broader structure.<\/span><\/p>\n<hr \/>\n<div class=\"qMYqUG_convSearchResultHighlightRoot\">\n<div class=\"\" data-turn-id-container=\"request-WEB:e98b3d2c-fc2f-4132-9072-484d61ab6304-33\" data-is-intersecting=\"true\">\n<section class=\"text-token-text-primary w-full focus:outline-none has-data-writing-block:pointer-events-none [&amp;:has([data-writing-block])&gt;*]:pointer-events-auto R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]\" dir=\"auto\" data-turn-id=\"request-WEB:e98b3d2c-fc2f-4132-9072-484d61ab6304-33\" data-turn-id-container=\"request-WEB:e98b3d2c-fc2f-4132-9072-484d61ab6304-33\" data-testid=\"conversation-turn-26\" data-scroll-anchor=\"false\" data-turn=\"assistant\">\n<div class=\"text-base my-auto mx-auto pb-10 [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm\/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg\/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)\">\n<h2 class=\"z-0 flex min-h-[46px] justify-start\"><strong>Final Summary<\/strong><\/h2>\n<\/div>\n<\/section>\n<\/div>\n<\/div>\n<ul>\n<li data-section-id=\"klf5z6\" data-start=\"0\" data-end=\"149\"><em>ETH is under pressure near $2k, showing mixed signals between price weakness and strong holder conviction.<\/em><\/li>\n<li data-section-id=\"1t2z2wi\" data-start=\"151\" data-end=\"283\" data-is-last-node=\"\"><em>BMNR is down sharply with big unrealized losses, but its large ETH position suggests long-term confidence hasn\u2019t fully broken.<\/em><\/li>\n<\/ul>\n<div class=\"qMYqUG_convSearchResultHighlightRoot\">\n<div class=\"\" data-turn-id-container=\"request-WEB:e98b3d2c-fc2f-4132-9072-484d61ab6304-33\" data-is-intersecting=\"true\">\n<section class=\"text-token-text-primary w-full focus:outline-none has-data-writing-block:pointer-events-none [&amp;:has([data-writing-block])&gt;*]:pointer-events-auto R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]\" dir=\"auto\" data-turn-id=\"request-WEB:e98b3d2c-fc2f-4132-9072-484d61ab6304-33\" data-turn-id-container=\"request-WEB:e98b3d2c-fc2f-4132-9072-484d61ab6304-33\" data-testid=\"conversation-turn-26\" data-scroll-anchor=\"false\" data-turn=\"assistant\">\n<div class=\"text-base my-auto mx-auto pb-10 [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm\/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg\/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)\">\n<div class=\"[--thread-content-max-width:40rem] @w-lg\/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group\/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn\"><\/div>\n<\/div>\n<\/section>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum crash ripples through BMNR as $8 billion unrealized losses mount following a 90% stock collapse.<\/p>\n","protected":false},"author":113,"featured_media":603368,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[32,66,4,20],"tags":[6427],"class_list":["post-603175","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ethereum-news","category-new-news","category-social","category-trading-view","tag-ambcrypto"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.5 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>BMNR faces 90% collapse - How this affects Ethereum at $2K - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Ethereum weakness deepens BMNR\u2019s collapse, with $8 billion in unrealized losses, as accumulation signals quietly build underneath.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/bmnr-faces-90-collapse-how-this-affects-ethereum-at-2k\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BMNR faces 90% collapse - How this affects Ethereum at $2K - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"Ethereum crash ripples through BMNR as $8 billion unrealized losses mount following a 90% stock collapse.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ambcrypto.com\/bmnr-faces-90-collapse-how-this-affects-ethereum-at-2k\/\" \/>\n<meta property=\"og:site_name\" content=\"AMBCrypto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cryptoamb\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-29T15:00:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-08-22T17:52:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/05\/FI_COIN_ETHEREUM_BMNR_29-05-2026.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Ritika Gupta\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/x.com\/ritz1462\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ritika Gupta\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"ReportageNewsArticle\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bmnr-faces-90-collapse-how-this-affects-ethereum-at-2k\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bmnr-faces-90-collapse-how-this-affects-ethereum-at-2k\\\/\"},\"author\":{\"name\":\"Ritika Gupta\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/96bf5310c15a47d22e470ff5b21ed082\"},\"headline\":\"BMNR faces 90% collapse &#8211; How this affects Ethereum at $2K\",\"datePublished\":\"2026-05-29T15:00:16+00:00\",\"dateModified\":\"2026-08-22T17:52:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bmnr-faces-90-collapse-how-this-affects-ethereum-at-2k\\\/\"},\"wordCount\":510,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bmnr-faces-90-collapse-how-this-affects-ethereum-at-2k\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/FI_COIN_ETHEREUM_BMNR_29-05-2026.webp\",\"keywords\":[\"ambcrypto\"],\"articleSection\":[\"Ethereum\",\"News\",\"Social\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/bmnr-faces-90-collapse-how-this-affects-ethereum-at-2k\\\/#respond\"]}],\"copyrightYear\":\"2026\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bmnr-faces-90-collapse-how-this-affects-ethereum-at-2k\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/bmnr-faces-90-collapse-how-this-affects-ethereum-at-2k\\\/\",\"name\":\"BMNR faces 90% collapse - How this affects Ethereum at $2K - AMBCrypto\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bmnr-faces-90-collapse-how-this-affects-ethereum-at-2k\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bmnr-faces-90-collapse-how-this-affects-ethereum-at-2k\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/FI_COIN_ETHEREUM_BMNR_29-05-2026.webp\",\"datePublished\":\"2026-05-29T15:00:16+00:00\",\"dateModified\":\"2026-08-22T17:52:18+00:00\",\"description\":\"Ethereum weakness deepens BMNR\u2019s collapse, with $8 billion in unrealized losses, as accumulation signals quietly build underneath.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/bmnr-faces-90-collapse-how-this-affects-ethereum-at-2k\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bmnr-faces-90-collapse-how-this-affects-ethereum-at-2k\\\/#primaryimage\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/FI_COIN_ETHEREUM_BMNR_29-05-2026.webp\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/FI_COIN_ETHEREUM_BMNR_29-05-2026.webp\",\"width\":1600,\"height\":900,\"caption\":\"BMNR faces 90% collapse - How this affects Ethereum at $2K\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"name\":\"AMBCrypto\",\"description\":\"Stay Ahead!\",\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"alternateName\":\"AMBCrypto News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ambcrypto.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\",\"name\":\"AMBCrypto\",\"alternateName\":\"AMBCrypto News\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/04\\\/amb-wide.jpg\",\"width\":600,\"height\":60,\"caption\":\"AMBCrypto\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/cryptoamb\",\"https:\\\/\\\/x.com\\\/CryptoAmb\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/13629485\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/96bf5310c15a47d22e470ff5b21ed082\",\"name\":\"Ritika Gupta\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2025\\\/03\\\/Profile-100x100.jpeg\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2025\\\/03\\\/Profile-100x100.jpeg\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2025\\\/03\\\/Profile-100x100.jpeg\",\"caption\":\"Ritika Gupta\"},\"description\":\"Ritika Gupta is a coin-based journalist at AMBCrypto who focuses on how economic and political trends impact cryptocurrencies. A social sciences graduate from Gargi College, she reports on AI, DeFi, Web3, and blockchain, using her hands-on experience to turn complex crypto developments into clear, practical insights for readers.\",\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/in\\\/ritika-gupta-9b356b223\\\/\",\"https:\\\/\\\/x.com\\\/https:\\\/\\\/x.com\\\/ritz1462\"],\"url\":\"https:\\\/\\\/ambcrypto.com\\\/author\\\/ritika-gupta\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"BMNR faces 90% collapse - How this affects Ethereum at $2K - AMBCrypto","description":"Ethereum weakness deepens BMNR\u2019s collapse, with $8 billion in unrealized losses, as accumulation signals quietly build underneath.","robots":{"index":"index","follow":"follow","max-image-preview":"max-image-preview:large"},"canonical":"https:\/\/ambcrypto.com\/bmnr-faces-90-collapse-how-this-affects-ethereum-at-2k\/","og_locale":"en_US","og_type":"article","og_title":"BMNR faces 90% collapse - How this affects Ethereum at $2K - AMBCrypto","og_description":"Ethereum crash ripples through BMNR as $8 billion unrealized losses mount following a 90% stock collapse.","og_url":"https:\/\/ambcrypto.com\/bmnr-faces-90-collapse-how-this-affects-ethereum-at-2k\/","og_site_name":"AMBCrypto","article_publisher":"https:\/\/www.facebook.com\/cryptoamb","article_published_time":"2026-05-29T15:00:16+00:00","article_modified_time":"2026-08-22T17:52:18+00:00","og_image":[{"width":1600,"height":900,"url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/05\/FI_COIN_ETHEREUM_BMNR_29-05-2026.webp","type":"image\/webp"}],"author":"Ritika Gupta","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/x.com\/ritz1462","twitter_site":"@CryptoAmb","twitter_misc":{"Written by":"Ritika Gupta","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"ReportageNewsArticle","@id":"https:\/\/ambcrypto.com\/bmnr-faces-90-collapse-how-this-affects-ethereum-at-2k\/#article","isPartOf":{"@id":"https:\/\/ambcrypto.com\/bmnr-faces-90-collapse-how-this-affects-ethereum-at-2k\/"},"author":{"name":"Ritika Gupta","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/96bf5310c15a47d22e470ff5b21ed082"},"headline":"BMNR faces 90% collapse &#8211; How this affects Ethereum at $2K","datePublished":"2026-05-29T15:00:16+00:00","dateModified":"2026-08-22T17:52:18+00:00","mainEntityOfPage":{"@id":"https:\/\/ambcrypto.com\/bmnr-faces-90-collapse-how-this-affects-ethereum-at-2k\/"},"wordCount":510,"commentCount":0,"publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"image":{"@id":"https:\/\/ambcrypto.com\/bmnr-faces-90-collapse-how-this-affects-ethereum-at-2k\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/05\/FI_COIN_ETHEREUM_BMNR_29-05-2026.webp","keywords":["ambcrypto"],"articleSection":["Ethereum","News","Social","Trading View"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ambcrypto.com\/bmnr-faces-90-collapse-how-this-affects-ethereum-at-2k\/#respond"]}],"copyrightYear":"2026","copyrightHolder":{"@id":"https:\/\/ambcrypto.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ambcrypto.com\/bmnr-faces-90-collapse-how-this-affects-ethereum-at-2k\/","url":"https:\/\/ambcrypto.com\/bmnr-faces-90-collapse-how-this-affects-ethereum-at-2k\/","name":"BMNR faces 90% collapse - How this affects Ethereum at $2K - AMBCrypto","isPartOf":{"@id":"https:\/\/ambcrypto.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ambcrypto.com\/bmnr-faces-90-collapse-how-this-affects-ethereum-at-2k\/#primaryimage"},"image":{"@id":"https:\/\/ambcrypto.com\/bmnr-faces-90-collapse-how-this-affects-ethereum-at-2k\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/05\/FI_COIN_ETHEREUM_BMNR_29-05-2026.webp","datePublished":"2026-05-29T15:00:16+00:00","dateModified":"2026-08-22T17:52:18+00:00","description":"Ethereum weakness deepens BMNR\u2019s collapse, with $8 billion in unrealized losses, as accumulation signals quietly build underneath.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ambcrypto.com\/bmnr-faces-90-collapse-how-this-affects-ethereum-at-2k\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/bmnr-faces-90-collapse-how-this-affects-ethereum-at-2k\/#primaryimage","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/05\/FI_COIN_ETHEREUM_BMNR_29-05-2026.webp","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/05\/FI_COIN_ETHEREUM_BMNR_29-05-2026.webp","width":1600,"height":900,"caption":"BMNR faces 90% collapse - How this affects Ethereum at $2K"},{"@type":"WebSite","@id":"https:\/\/ambcrypto.com\/#website","url":"https:\/\/ambcrypto.com\/","name":"AMBCrypto","description":"Stay Ahead!","publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"alternateName":"AMBCrypto News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ambcrypto.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ambcrypto.com\/#organization","name":"AMBCrypto","alternateName":"AMBCrypto News","url":"https:\/\/ambcrypto.com\/","logo":{"@type":"ImageObject","@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/04\/amb-wide.jpg","width":600,"height":60,"caption":"AMBCrypto"},"image":{"@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/cryptoamb","https:\/\/x.com\/CryptoAmb","https:\/\/www.linkedin.com\/company\/13629485\/"]},{"@type":"Person","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/96bf5310c15a47d22e470ff5b21ed082","name":"Ritika Gupta","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/03\/Profile-100x100.jpeg","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/03\/Profile-100x100.jpeg","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/03\/Profile-100x100.jpeg","caption":"Ritika Gupta"},"description":"Ritika Gupta is a coin-based journalist at AMBCrypto who focuses on how economic and political trends impact cryptocurrencies. A social sciences graduate from Gargi College, she reports on AI, DeFi, Web3, and blockchain, using her hands-on experience to turn complex crypto developments into clear, practical insights for readers.","sameAs":["https:\/\/www.linkedin.com\/in\/ritika-gupta-9b356b223\/","https:\/\/x.com\/https:\/\/x.com\/ritz1462"],"url":"https:\/\/ambcrypto.com\/author\/ritika-gupta\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/603175","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/users\/113"}],"replies":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/comments?post=603175"}],"version-history":[{"count":0,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/603175\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media\/603368"}],"wp:attachment":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media?parent=603175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/categories?post=603175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/tags?post=603175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}