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🔴 SharpLink “buys the dip” on $ETH after 8 months of inactivity.
According to data from @arkham, a wallet linked to @Sharplink received 5,000 ETH from FalconX, worth around $7.85M.
This is SharpLink’s first ETH purchase since October 2025, as ETH is back near its 2026 lows around $1,500.
SharpLink now holds 876,285 ETH. The company remains the second-largest publicly listed Ethereum Treasury Company, behind BitMine and its 5.67M ETH.
One interesting point: SharpLink’s CEO recently outlined 3 potential catalysts for Ethereum:
◽️ The CLARITY Act in the US.
◽️ A return of risk appetite if geopolitical tensions ease and the AI trend cools down a bit.
◽️ The growth of tokenized assets (RWAs).
This renewed buying also comes just days before SharpLink’s expected inclusion in the Russell 2000 and Russell 3000 indexes.