SharpLink Just Bought the ETH Dip After 8 Months of Silence 🐋



· Purchase: 5,000 ETH (~$7.85M) via FalconX on June 26
· Total Holdings: 876,285 ETH — 2nd largest corporate holder globally
· Average Cost: $3,609 per ETH
· Unrealized Loss: ~$1.7–$1.8 billion
· Staking Income During Pause: 22,102 ETH (~$1.8B)
· Ticker: SBET (Nasdaq)

Signal More Important Than Size

SharpLink went silent in October 2025 after buying 19,270 ETH. For eight months, they just sat still, collecting staking rewards while ETH fell from the $3,600 range to ~$1,550. That silence began to raise questions. Then Thursday happened. ETH hit its 2026 low near $1,537, and SharpLink moved#SKHynixTopsKOSPIByMarketCap
ETH1.01%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned