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🔴 SharpLink "buying on dips" $ETH after 8 months of inactivity.
According to data from @arkham, a wallet linked to @Sharplink received 5,000 ETH from FalconX, worth approximately $7.85 million.
This is SharpLink's first ETH purchase since October 2025, as ETH approaches its 2026 low near $1,500 again.
SharpLink now holds 876,285 ETH. The company remains the second-largest publicly listed Ethereum Treasury company, behind BitMine and its 5.67 million ETH.
One interesting point: SharpLink's CEO recently outlined 3 potential catalysts for Ethereum:
◽️ The CLARITY Act in the US.
◽️ Return of risk appetite if geopolitical tensions ease and AI trends cool slightly.
◽️ Growth of tokenized assets (RWA).
This latest purchase also comes just days before SharpLink is expected to be included in the Russell 2000 and Russell 3000 indices.