The crypto market recorded one of its most significant crashes in history, moving to level 5 in Extreme Fear, according to CMC's Fear and Greed Index.
On February 6, the market is down by over 7% in the past 24 hours, with a market cap of over $2.26 trillion.
Multiple crypto portfolios are seeing huge unrealized losses following the recent crash. These include the following:
- BitMine - A digital asset platform dedicated to boosting ETH per share and advancing the Ethereum ecosystem via a strategic treasury; unrealized losses of $8.3 billion in its ETH portfolio
- Strategy - Formerly known as Microstrategy, a BTC-centric company that started accumulating the digital asset in August 2020; unrealized losses of $8.21 billion in its BTC portfolio
- Trump Media - An American media and tech company that runs the Truth Social platform and is mostly owned by Donald J. Trump Revocable Trust; unrealized losses of $335 million in its crypto portfolio
- Cypherpunk Technologies - A company previously known as Leap Therapeutics, which develops therapies for cancer patients, and implemented a ZEC treasury; unrealized losses of over $33 million in ZEC
- Vitalik Buterin - Ethereum's co-founder; unrealized losses of $744 billion in crypto since his portfolio's ATH
- Murad - Crypto trader and analyst, early Bitcoin investor from Azerbaijan, former Goldman Sachs employee; over $58 million in unrealized losses since his portfolio's ATH
- CZ - Binance's founder; unrealized losses of $800,000 in his ASTER position
Trending portfolios with significant unrealized losses
The trending portfolios with big unrealized losses include BitMine, Strategy, Trump Media, Cypherpunk Technologies, Vitalik Buterin, Murad, and CZ.
Bitmine ETH strategy portfolio
BitMine's ETH portfolio has over 4.285 million ETH worth over $8 billion at current prices. At the moment of writing this article, ETH is trading above $1,900, down by 10% in the past 24 hours.
BitMine's ETH portfolio sits on unrealized losses of over $8.3 billion, down by 50%, Dropstab data shows. According to the same data, BitMine invested more than $16 billion in its ETH treasury.
Strategy BTC portfolio
Strategy holds 713,502 BTC worth approximately $46 billion at BTC's current prices above $65,000. BTC is down by 8% in the past 24 hours.
The company's unrealized losses are approximately $8.21 billion, down by almost 15%.
SaylorTracker data shows that Strategy bought its BTC holdings for an average price of over $76,000 per coin.
CZ's ASTER holdings
CZ holds over 2.09 million in ASTER, according to his disclosures on X. CZ revealed his ASTER position in November 2025.
His holdings are worth over $1 million at current prices. At the moment of writing this article, ASTER is trading above $0.5, down by more than 15% in the past 24 hours.
Dropstab data shows that CZ currently has an unrealized loss of over $800,000 on his ASTER holdings, after investing over $1.9 million in the token.
Cypherpunk ZEC portfolio
Cypherpunk Technologies holds 290,062 ZEC, valued at $63 million as of February 6, based on the current ZEC price of over $217, representing 1.76% of the total supply.
CoinGecko data shows that the company is currently sitting on an unrealized loss of more than $33.6 million, almost 35%.
Murad's crypto holdings
Murad's portfolio includes BTC, SOL, ETH, SPX, USDC, GIGA, POPCAT, and other memecoins totalling over $8.6 million. Arkham data shows that his portfolio reached an ATH in July 2025, above $67 million, and he's down to $8.6 million as of February 6, sitting on unrealized losses of over $58 million.
Vitalik Buterin's crypto portfolio
Vitalik Buterin's portfolio includes ETH, USDC, SHIB, and other digital assets, totalling over $456 million on February 6. Since his portfolio's ATH of over $1.2 billion in 2025, his unrealized losses are $744 million.
Trump Media BTC holdings
Trump Media's BTC balance is 11.642 BTC, worth over $762 million at today's prices. The entity has an unrealized loss of over 44%, representing over $335 million, according to data from Bitcoin Treasuries.
