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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Eric Trump's crypto stake lost approximately $600 million in value as Bitcoin hit record lows. Shares of his backed Bitcoin mining company collapsed 95% from their peak, leading the firm to execute a 1-for-15 reverse stock split. Additionally, the period saw a significant on-chain duel between two traders holding $107 million in opposing leveraged Ether positions.