Ethereum's $8.8B Loss Exceeds FTX Collapse, 10x Research Warns of "Structural Impairment"

Monday, Feb 23, 2026 8:29 pm ET1min read
ETH--

Bitmine shareholders have lost $8.8 billion on Ethereum, surpassing the $8 billion FTX customers lost when the exchange collapsed. Crypto research firm 10x Research warns that ETH is no longer in a normal dip, calling it a potential "structural impairment." Smart money is shorting ETH while whales are loading up, and Wall Street is picking sides.

Ethereum's $8.8B Loss Exceeds FTX Collapse, 10x Research Warns of "Structural Impairment"

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