sharplink

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OnionSam
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🏛️ **EARNINGS BOMB: Sharplink Hits $751.4M Q3 Profit on $2.1B ETH Treasury!** 🛡️🚀 Nasdaq-listed Ethereum treasury giant **Sharplink** ($SBET) officially reported a blockbuster Q3 2026 net income of **$751.4 Million** ($3.45 EPS), skyrocketing from $104.3M last year! ⚡️⛓️ 📊 **Financial & Staking Breakdown:** • **The Driver:** Driven primarily by $676.7M in unrealized mark-to-market crypto gains as ETH surged 72% during the quarter. 🔒💎 • **Staking Growth:** Staking revenue jumped **27% YoY to $13.1 Million**, boosting total revenue to $13.5M. • **Lido Deployment:** Confirmed the execution of a **$200M ETH staking allocation** through Lido, receiving wrapped staked ETH ($wstETH) held with Anchorage Digital. • **Total Holding:** Blended Ethereum treasury expanded to **895,117 ETH** with a net fair value of $2.1 Billion. 🎯 **Strategy:** CEO Joseph Chalom emphasized managing ETH as a highly productive, yield-generating operating asset rather than a static treasury reserve. 📈🔥 📌 **Related Tokens & Entities:** * **$ETH {spot}(ETHUSDT) (Ethereum)** * **$SBET.US {stock_us}(SBET.US) (Sharplink, Inc.)** * **$LDO {spot}(LDOUSDT) (Lido DAO / wstETH)** #SharpLink #SBET #Ethereum #ETH #Lido #wstETH #StakingRevenue #CryptoEarnings #InstitutionalAdoption #Web3
🏛️ **EARNINGS BOMB:
Sharplink Hits $751.4M Q3 Profit on $2.1B ETH Treasury!** 🛡️🚀

Nasdaq-listed Ethereum treasury giant **Sharplink** ($SBET) officially reported a blockbuster Q3 2026 net income of **$751.4 Million** ($3.45 EPS), skyrocketing from $104.3M last year! ⚡️⛓️

📊 **Financial & Staking Breakdown:**

• **The Driver:**
Driven primarily by $676.7M in unrealized mark-to-market crypto gains as ETH surged 72% during the quarter. 🔒💎

• **Staking Growth:**
Staking revenue jumped **27% YoY to $13.1 Million**, boosting total revenue to $13.5M.

• **Lido Deployment:**
Confirmed the execution of a **$200M ETH staking allocation** through Lido, receiving wrapped staked ETH ($wstETH) held with Anchorage Digital.

• **Total Holding:**
Blended Ethereum treasury expanded to **895,117 ETH** with a net fair value of $2.1 Billion.

🎯 **Strategy:**
CEO Joseph Chalom emphasized managing ETH as a highly productive, yield-generating operating asset rather than a static treasury reserve. 📈🔥

📌 **Related Tokens & Entities:**

* **$ETH
(Ethereum)**

* **$SBET.US
(Sharplink, Inc.)**

* **$LDO
(Lido DAO / wstETH)**

#SharpLink #SBET #Ethereum #ETH #Lido #wstETH #StakingRevenue #CryptoEarnings #InstitutionalAdoption #Web3
red envelope
Good luck 🍀
From OnionSam
ETH-2.17%
LDO-0.76%
SBETUS+1.53%
User-0da7f4c6:
🥰
Sharplink just booked $751.4M in Q3 profit, and almost all of it came from ether's move. • Q3 net income hit $751.4M ($3.45/share), led by $676.7M unrealized and $75.2M realized crypto gains • Revenue rose 24% to $13.5M, with staking revenue at $13.1M • ETH holdings stood near 892,708 ETH at Sept. 30 and about 895,117 ETH by Nov. 2 Why it matters: The biggest swing came from ETH revaluation, so the headline profit tracks ether's price more than operating cash flow. Source: Sharplink Q3 2026 release (GlobeNewswire) Not financial advice. 💬 Should ETH treasury firms be judged on staking revenue or on mark-to-market profit? $ETH #Ethereum #Sharplink #Earnings
Sharplink just booked $751.4M in Q3 profit, and almost all of it came from ether's move.

• Q3 net income hit $751.4M ($3.45/share), led by $676.7M unrealized and $75.2M realized crypto gains
• Revenue rose 24% to $13.5M, with staking revenue at $13.1M
• ETH holdings stood near 892,708 ETH at Sept. 30 and about 895,117 ETH by Nov. 2

Why it matters: The biggest swing came from ETH revaluation, so the headline profit tracks ether's price more than operating cash flow.
Source: Sharplink Q3 2026 release (GlobeNewswire)
Not financial advice.

💬 Should ETH treasury firms be judged on staking revenue or on mark-to-market profit?

$ETH #Ethereum #Sharplink #Earnings
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🚀 SHARPLINK REPORTS $751 MILLION PROFIT ETHEREUM STRATEGY PAYING OFF? SharpLink has dropped some massive Q3 numbers! 👀 📈 Revenue increased 24% year over year to $13.5 million. 💰 Net income reached an impressive $751.4 million. But here's the interesting part… Most of that profit came from gains on its crypto holdings, including approximately $676.7 million in unrealized gains. This shows how strongly crypto market movements can impact companies holding large amounts of $ETH . 💭 What do you think: Is SharpLink's Ethereum treasury strategy a smart long-term move, or does it carry too much market risk? Let's discuss! 👇 $BTC {spot}(BTCUSDT) $BNB {spot}(BNBUSDT) #SharpLink #Ethereum #ETH #CryptoNews #BinanceSquare
🚀 SHARPLINK REPORTS $751 MILLION PROFIT ETHEREUM STRATEGY PAYING OFF?

SharpLink has dropped some massive Q3 numbers! 👀

📈 Revenue increased 24% year over year to $13.5 million.

💰 Net income reached an impressive $751.4 million.

But here's the interesting part…

Most of that profit came from gains on its crypto holdings, including approximately $676.7 million in unrealized gains.

This shows how strongly crypto market movements can impact companies holding large amounts of $ETH .

💭 What do you think: Is SharpLink's Ethereum treasury strategy a smart long-term move, or does it carry too much market risk?

Let's discuss! 👇

$BTC

$BNB


#SharpLink #Ethereum #ETH #CryptoNews #BinanceSquare
Nasdaq-listed SharpLink (SBET) announced on 10/19 that it was putting $400 million worth of ETH onchain in two tranches: $200 million each with ether.fi and Lido, with Anchorage handling all custody. The company called it “one of the first large-scale onchain deployments.” On the Lido side, the ETH is converted to wstETH to keep earning yield in DeFi; on the ether.fi side, it’s restaked on Linea, with EigenCloud incentives layered on top. The company holds 888,938 ETH (as of August). Even after ETH fell 50% from its $4,953 peak, it’s still willing to lock hundreds of millions of dollars onchain to earn yield. That’s either sheer nerve or a real understanding of the market: ETH sitting idle in a bear market is no different from cash losing value. $ETH $LDO #SharpLink #Ethereum
Nasdaq-listed SharpLink (SBET) announced on 10/19 that it was putting $400 million worth of ETH onchain in two tranches: $200 million each with ether.fi and Lido, with Anchorage handling all custody. The company called it “one of the first large-scale onchain deployments.” On the Lido side, the ETH is converted to wstETH to keep earning yield in DeFi; on the ether.fi side, it’s restaked on Linea, with EigenCloud incentives layered on top. The company holds 888,938 ETH (as of August). Even after ETH fell 50% from its $4,953 peak, it’s still willing to lock hundreds of millions of dollars onchain to earn yield. That’s either sheer nerve or a real understanding of the market: ETH sitting idle in a bear market is no different from cash losing value. $ETH $LDO #SharpLink #Ethereum
【Market Flash】SharpLink partners with Anchorage to bring its $200 million ETH treasury on-chain: minting ether.fi’s weETH, restaking through EigenLayer, and bridging to Linea via LayerZero. The first publicly listed company to participate compliantly in L2 and restaking. Will “DeFi-ification” of corporate treasuries become a trend? Share your thoughts in the comments. $ETH $EIGEN $ZRO #SharpLink #ETH财库 #DeFi (Source: CryptoEconomy) ⚠️ Risk disclaimer: The above is for sharing market information only and does not constitute investment advice. Investing involves risks; please exercise caution.
【Market Flash】SharpLink partners with Anchorage to bring its $200 million ETH treasury on-chain: minting ether.fi’s weETH, restaking through EigenLayer, and bridging to Linea via LayerZero. The first publicly listed company to participate compliantly in L2 and restaking. Will “DeFi-ification” of corporate treasuries become a trend? Share your thoughts in the comments.
$ETH $EIGEN $ZRO
#SharpLink #ETH财库 #DeFi
(Source: CryptoEconomy)
⚠️ Risk disclaimer: The above is for sharing market information only and does not constitute investment advice. Investing involves risks; please exercise caution.
Consensys sold all 5.7 million shares at $8.39 each, cashing out for about $48 million. That price is more than 93% below SharpLink’s intraday high of $124.12 in May 2025. SharpLink closed yesterday at $7.46, down another 11%. The company reported a $735 million loss for 2025 and has been placed on MSCI’s watchlist for possible removal. Lubin still directly holds about 5 million shares, plus warrants for another 3.5 million shares, but his stake has fallen below 5%. With the premium fading, how much valuation upside is left in the ETH treasury model? $ETH $BTC $SBET #以太坊 #ETH财库 #SharpLink (Source: Protos) ⚠️Risk warning: The above is shared for market information purposes only and does not constitute investment advice. Investing involves risk; proceed with caution.
Consensys sold all 5.7 million shares at $8.39 each, cashing out for about $48 million. That price is more than 93% below SharpLink’s intraday high of $124.12 in May 2025. SharpLink closed yesterday at $7.46, down another 11%. The company reported a $735 million loss for 2025 and has been placed on MSCI’s watchlist for possible removal. Lubin still directly holds about 5 million shares, plus warrants for another 3.5 million shares, but his stake has fallen below 5%. With the premium fading, how much valuation upside is left in the ETH treasury model?
$ETH $BTC $SBET
#以太坊 #ETH财库 #SharpLink
(Source: Protos)
⚠️Risk warning: The above is shared for market information purposes only and does not constitute investment advice. Investing involves risk; proceed with caution.
Article
The big boss cashes out first: SharpLink down 94%—what’s left of the ETH treasury-stock myth?The chairman got out first—and that’s more glaring than the stock’s 94% plunge. Consensys, controlled by Joe Lubin, has just sold all of its SharpLink shares: 5.7 million shares at $8.39 each, raising about $48 million. The regulatory filing gave just one reason: to liquidate its holdings. Don’t forget who he is. Lubin isn’t just a major shareholder; he’s also SharpLink’s chairman. Less than 17 months ago, Consensys led a $425 million deal that transformed the marketing company into an ETH treasury stock. Lubin said at the time that ETH treasury stocks would become Berkshire-like vehicles. On the day the news broke in May 2025, the stock surged 412% to around $34, then hit an intraday high of $124.12 a few days later.

The big boss cashes out first: SharpLink down 94%—what’s left of the ETH treasury-stock myth?

The chairman got out first—and that’s more glaring than the stock’s 94% plunge. Consensys, controlled by Joe Lubin, has just sold all of its SharpLink shares: 5.7 million shares at $8.39 each, raising about $48 million. The regulatory filing gave just one reason: to liquidate its holdings.
Don’t forget who he is. Lubin isn’t just a major shareholder; he’s also SharpLink’s chairman. Less than 17 months ago, Consensys led a $425 million deal that transformed the marketing company into an ETH treasury stock. Lubin said at the time that ETH treasury stocks would become Berkshire-like vehicles. On the day the news broke in May 2025, the stock surged 412% to around $34, then hit an intraday high of $124.12 a few days later.
【Market Flash】5.7 million shares, $48 million, a complete sell-off: Consensys, controlled by Joe Lubin, sold all of its SharpLink common shares for $8.39 per share—93% below the May 2025 peak. Lubin remains SharpLink’s chairman and told regulators the move was a complete exit; including direct holdings and warrants, he still owns less than 5%. The stock is down 94% from its peak, fell another 11% yesterday, and has also been placed on MSCI’s watchlist for possible index removal. The leader among ETH treasury stocks has exited first—is this confirmation that the tide is going out, or just a single-stock cleanup? Join the discussion in the comments. $ETH $SBET $BTC #ETH财库 #SharpLink #清仓 (Source: Protos) ⚠️Risk warning: The above is for sharing market information only and does not constitute investment advice. Investing involves risks; please exercise caution.
【Market Flash】5.7 million shares, $48 million, a complete sell-off: Consensys, controlled by Joe Lubin, sold all of its SharpLink common shares for $8.39 per share—93% below the May 2025 peak. Lubin remains SharpLink’s chairman and told regulators the move was a complete exit; including direct holdings and warrants, he still owns less than 5%. The stock is down 94% from its peak, fell another 11% yesterday, and has also been placed on MSCI’s watchlist for possible index removal. The leader among ETH treasury stocks has exited first—is this confirmation that the tide is going out, or just a single-stock cleanup? Join the discussion in the comments.
$ETH $SBET $BTC
#ETH财库 #SharpLink #清仓
(Source: Protos)
⚠️Risk warning: The above is for sharing market information only and does not constitute investment advice. Investing involves risks; please exercise caution.
SharpLink announced today: A cumulative $400 million $ETH has been deposited into Lido and Ether.fi to earn yield, bringing its total holdings to 890,000 ETH (about $2.4 billion). Just by sitting back and earning yield, it has accumulated 27,945 ETH, worth $75 million. Public companies treat ETH like a high-yield savings account, while you treat it like a scratch-off ticket—the same blockchain, but institutions collect interest and you pay it. The poll is open in the comments: A. Save alongside institutions B. Retail investors are born to chase pumps $BTC #ETH #SharpLink
SharpLink announced today: A cumulative $400 million $ETH has been deposited into Lido and Ether.fi to earn yield, bringing its total holdings to 890,000 ETH (about $2.4 billion). Just by sitting back and earning yield, it has accumulated 27,945 ETH, worth $75 million. Public companies treat ETH like a high-yield savings account, while you treat it like a scratch-off ticket—the same blockchain, but institutions collect interest and you pay it. The poll is open in the comments: A. Save alongside institutions B. Retail investors are born to chase pumps
$BTC #ETH #SharpLink
BitMine, Sharplink and Joe Lubin Accelerate Wall Street Ethereum Institutional will serve as a point of contact for financial institutions seeking to get more involved with on-chain infrastructure. This development reflects broader trends in the digital asset ecosystem, where institutional participation continues to reshape market dynamics. Major financial players are increasingly integrating blockchain infrastructure into traditional operations, signaling a shift in how established institutions approach decentralization technologies. Industry analysts note increased correlation between regulatory clarity and infrastructure deployment across multiple jurisdictions. The convergence of compliance frameworks with technical standards creates new opportunities for sustainable growth while maintaining innovation momentum in the sector. Industry watchers are monitoring whether this marks a turning point or temporary volatility. Will this trend continue or reverse? Drop your take below. 👇 #BitMine #Sharplink #Lubin
BitMine, Sharplink and Joe Lubin Accelerate Wall Street

Ethereum Institutional will serve as a point of contact for financial institutions seeking to get more involved with on-chain infrastructure.

This development reflects broader trends in the digital asset ecosystem, where institutional participation continues to reshape market dynamics. Major financial players are increasingly integrating blockchain infrastructure into traditional operations, signaling a shift in how established institutions approach decentralization technologies.

Industry analysts note increased correlation between regulatory clarity and infrastructure deployment across multiple jurisdictions. The convergence of compliance frameworks with technical standards creates new opportunities for sustainable growth while maintaining innovation momentum in the sector.

Industry watchers are monitoring whether this marks a turning point or temporary volatility. Will this trend continue or reverse? Drop your take below. 👇

#BitMine #Sharplink #Lubin
🚨 SharpLink bets on Ethereum, so why does the books show a huge loss? SharpLink’s Q2 revenue reached about $11.5 million, but net loss is as high as $394.3 million! The key reason is not that the business suddenly collapsed, but rather changes in the book value caused by Ethereum price volatility. 📉 Even more notable is that out of the $11.5 million revenue, approximately $11.2 million comes from its ETH staking business. That means the staking business itself is generating income, but ETH price fluctuations actually magnify the losses shown on the financial statements. What’s even more interesting is that even with SBET’s share price down by about 6%, SharpLink still hasn’t stopped accumulating ETH. Group: [领取短线超高胜率策略](https://app.binance.com/uni-qr/VTAuSrs8) Is this a sign of them taking on pressure, or are they laying the groundwork for the next round of market action in advance? 🤔 What do you think about SharpLink’s strategy here? Click the avatar to watch the livestream + join the Jiujiu chat group to get daily strategies 🚀 #SharpLink #ETH
🚨 SharpLink bets on Ethereum, so why does the books show a huge loss?

SharpLink’s Q2 revenue reached about $11.5 million,
but net loss is as high as $394.3 million!
The key reason is not that the business suddenly collapsed,
but rather changes in the book value caused by Ethereum price volatility.

📉 Even more notable is that out of the $11.5 million revenue,
approximately $11.2 million comes from its ETH staking business.
That means the staking business itself is generating income,
but ETH price fluctuations actually magnify the losses shown on the financial statements.
What’s even more interesting is that even with SBET’s share price down by about 6%,
SharpLink still hasn’t stopped accumulating ETH.

Group: 领取短线超高胜率策略

Is this a sign of them taking on pressure,
or are they laying the groundwork for the next round of market action in advance? 🤔
What do you think about SharpLink’s strategy here?

Click the avatar to watch the livestream + join the Jiujiu chat group to get daily strategies 🚀

#SharpLink #ETH
SharpLink goes ALL IN on Ethereum! 🚀 According to @Lookonchain monitoring, SharpLink just staked another 42,074 ETH today (Sept 29)! 🥩⚡ Here is a quick breakdown of their massive stack (via BlockBeats): 🔹 Total ETH Holdings: 892,127 $ETH 🔹 Staking Rewards Earned: 27,945 $ETH (~$70M+ passive yield) 🔹 Rank: #2 Largest Ethereum Treasury Company globally 🥈 While most companies hold static reserves, SharpLink is putting their treasury to work—earning massive yield purely from their existing holdings. 💰📈 Are you staking your $ETH or holding it cold? Let us know below! 👇 #ETH #CryptoNews #SharpLink
SharpLink goes ALL IN on Ethereum! 🚀

According to @Lookonchain monitoring, SharpLink just staked another 42,074 ETH today (Sept 29)! 🥩⚡

Here is a quick breakdown of their massive stack (via BlockBeats):

🔹 Total ETH Holdings: 892,127 $ETH

🔹 Staking Rewards Earned: 27,945 $ETH (~$70M+ passive yield)

🔹 Rank: #2 Largest Ethereum Treasury Company globally 🥈

While most companies hold static reserves, SharpLink is putting their treasury to work—earning massive yield purely from their existing holdings. 💰📈

Are you staking your $ETH or holding it cold? Let us know below! 👇
#ETH #CryptoNews #SharpLink
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Bullish
Verified
SharpLink Gaming is still putting its $ETH to work. About 9 hours ago, the company staked another 42,074 ETH, worth roughly $112.8M. That pushes #SharpLink ’s total ETH holdings to 892,127 ETH, currently valued around $2.4B. And the staking rewards are getting pretty chunky too , 27,945 ETH, worth about $75M, earned so far. Nearly 900K ETH sitting there… and still earning more ETH on top. {future}(ETHUSDT) {spot}(ETHUSDT)
SharpLink Gaming is still putting its $ETH to work. About 9 hours ago, the company staked another 42,074 ETH, worth roughly $112.8M.
That pushes #SharpLink ’s total ETH holdings to 892,127 ETH, currently valued around $2.4B.
And the staking rewards are getting pretty chunky too , 27,945 ETH, worth about $75M, earned so far. Nearly 900K ETH sitting there… and still earning more ETH on top.
SharpLink records net loss of 394 million USD due to ETH price drop - SharpLink reported a net loss of 394 million USD in Q2 2026. - The main reason is that the price of Ether (ETH) fell 23% in the quarter. #SharpLink #ETH #CryptoNews #BinanceSquare $eth #vlikevn Titanbot Source: CoinTelegraph
SharpLink records net loss of 394 million USD due to ETH price drop

- SharpLink reported a net loss of 394 million USD in Q2 2026.
- The main reason is that the price of Ether (ETH) fell 23% in the quarter.

#SharpLink #ETH #CryptoNews #BinanceSquare

$eth

#vlikevn Titanbot

Source: CoinTelegraph
🐳 With $1.8 billion in paper losses, SharpLink still chose to add to its ETH position SharpLink Gaming is currently the second-largest enterprise-level ETH holder. Its situation isn’t exactly easy: its current ETH holdings are down by about $1.8 billion on paper. But just in the past couple of days, the company received a new ETH transfer—5,000 ETH, worth about $7.85 million. This is the first time the company has added to its ETH position in eight months. Why is this detail worth recording? An institution already burdened with massive unrealized losses didn’t choose to “cut losses and exit.” Instead, it made a small additional buy at a lower level. This kind of behavior is completely the opposite of the retail mindset of “fleeing in panic.” Of course, $7.85 million is just a drop in the bucket compared with a $1.8 billion unrealized loss—its significance is more symbolic than practical. But symbolism can sometimes matter, too—it suggests that at least some long-term players haven’t given up on the position. If you were SharpLink, would you choose to stop loss, or keep holding?👇 #ETH #SharpLink #BinanceSquare
🐳 With $1.8 billion in paper losses, SharpLink still chose to add to its ETH position

SharpLink Gaming is currently the second-largest enterprise-level ETH holder.

Its situation isn’t exactly easy: its current ETH holdings are down by about $1.8 billion on paper.

But just in the past couple of days, the company received a new ETH transfer—5,000 ETH, worth about $7.85 million.

This is the first time the company has added to its ETH position in eight months.

Why is this detail worth recording?

An institution already burdened with massive unrealized losses didn’t choose to “cut losses and exit.” Instead, it made a small additional buy at a lower level.

This kind of behavior is completely the opposite of the retail mindset of “fleeing in panic.”

Of course, $7.85 million is just a drop in the bucket compared with a $1.8 billion unrealized loss—its significance is more symbolic than practical.

But symbolism can sometimes matter, too—it suggests that at least some long-term players haven’t given up on the position.

If you were SharpLink, would you choose to stop loss, or keep holding?👇

#ETH #SharpLink #BinanceSquare
🚨 SharpLink Doubles Down on Ethereum! The smart money is making moves again. 👀 After 8 months of silence, SharpLink has accumulated another 5,000 $ETH , signaling renewed confidence in Ethereum's long-term potential. 📈 Their total holdings have now reached an incredible 876,285 $ETH — a position that few institutions can match. When major players keep stacking, the market pays attention. 🔥 Are institutions preparing for Ethereum's next big move, or is this just the beginning? 👇💬$AIN {spot}(ETHUSDT) #SharpLink #ETH #Whale.Alert
🚨 SharpLink Doubles Down on Ethereum!

The smart money is making moves again. 👀

After 8 months of silence, SharpLink has accumulated another 5,000 $ETH , signaling renewed confidence in Ethereum's long-term potential. 📈

Their total holdings have now reached an incredible 876,285 $ETH — a position that few institutions can match.

When major players keep stacking, the market pays attention. 🔥

Are institutions preparing for Ethereum's next big move, or is this just the beginning? 👇💬$AIN
#SharpLink #ETH #Whale.Alert
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SharpLink, the second-largest corporate crypto holder, has received approximately 5,000 $ETH worth around $7.85 million, marking its first inflow in nearly eight months. This is the company's first new acquisition since October, despite currently holding an estimated $1.8 billion unrealized loss on its portfolio. Market analysts believe this move could signal a shift in the company's investment strategy and may strengthen institutional confidence over the long term. However, investors should continue to monitor market volatility closely. Disclaimer: This is a summary of reports circulating in the crypto community and is for informational purposes only. It is not financial advice. #Ethereum✅ #SharpLink #CryptoNews
SharpLink, the second-largest corporate crypto holder, has received approximately 5,000 $ETH worth around $7.85 million, marking its first inflow in nearly eight months.

This is the company's first new acquisition since October, despite currently holding an estimated $1.8 billion unrealized loss on its portfolio.
Market analysts believe this move could signal a shift in the company's investment strategy and may strengthen institutional confidence over the long term. However, investors should continue to monitor market volatility closely.

Disclaimer: This is a summary of reports circulating in the crypto community and is for informational purposes only. It is not financial advice.
#Ethereum✅ #SharpLink #CryptoNews
🟢 SharpLink bought again — this time 39,196 ETH, about $62.4 million I mentioned earlier that SharpLink was still carrying a huge unrealized loss yet chose to add more to its ETH position. Today, they moved again. Latest transaction: bought 39,196 ETH, worth approximately $62.4 million. This is no longer a one-off “symbolic add-on.” It’s an ongoing buying cadence. Put together the institutional moves from the past couple of days: 📌 BitMine is nearing holdings of 5% of the total ETH supply 📌 SharpLink continues to add to its purchases 📌 Both companies chose to build their positions when the ETH price is relatively low This kind of “counter-cyclical but continuous” buying behavior, when contrasted with the “potential sell-off pressure” from 550,000 BTC moving into exchanges, creates an interesting comparison — In the same market, BTC holders are transferring coins to exchanges, while institutions on the ETH side are continuously absorbing more. The capital flows for the two assets are following rather different storylines. Which asset’s performance are you more bullish on next?👇 #ETH #SharpLink #BinanceSquare
🟢 SharpLink bought again — this time 39,196 ETH, about $62.4 million

I mentioned earlier that SharpLink was still carrying a huge unrealized loss yet chose to add more to its ETH position. Today, they moved again.

Latest transaction: bought 39,196 ETH, worth approximately $62.4 million.

This is no longer a one-off “symbolic add-on.” It’s an ongoing buying cadence.

Put together the institutional moves from the past couple of days:

📌 BitMine is nearing holdings of 5% of the total ETH supply
📌 SharpLink continues to add to its purchases
📌 Both companies chose to build their positions when the ETH price is relatively low

This kind of “counter-cyclical but continuous” buying behavior, when contrasted with the “potential sell-off pressure” from 550,000 BTC moving into exchanges, creates an interesting comparison —

In the same market, BTC holders are transferring coins to exchanges, while institutions on the ETH side are continuously absorbing more.

The capital flows for the two assets are following rather different storylines.

Which asset’s performance are you more bullish on next?👇

#ETH #SharpLink #BinanceSquare
⚡ Company #SharpLink acquired 10,000 Ethereum coins $ETH 📈 raising its total holdings to 886,725 Ethereum coins 💰 Thus, with this acquisition, SharpLink confirms its grip on the digital market and strengthens its position among leading companies in this sector
⚡ Company #SharpLink acquired 10,000 Ethereum coins $ETH
📈 raising its total holdings to 886,725 Ethereum coins
💰 Thus, with this acquisition, SharpLink confirms its grip on the digital market and strengthens its position among leading companies in this sector
Sharplink has acquired $5,000 ETH for the first time in 8 months #Sharplink has acquired $5,000 ETH worth $7.85M. As of June 21, SharpLink held 876,285 $ETH worth approximately $1.3B, while EmberCN estimated its average purchase price at $3,609 per ETH. Previously, SharpLink supported the launch of #EthLabs , a nonprofit founded by former Ethereum Foundation researchers. Sharplink is the institutional-grade #Ethereum treasury platform giving investors a smarter, more productive access vehicle to ETH. 👉 theblock.co/post/406268/sharplink-buys-ethereum-8-months
Sharplink has acquired $5,000 ETH for the first time in 8 months

#Sharplink has acquired $5,000 ETH worth $7.85M. As of June 21, SharpLink held 876,285 $ETH worth approximately $1.3B, while EmberCN estimated its average purchase price at $3,609 per ETH. Previously, SharpLink supported the launch of #EthLabs , a nonprofit founded by former Ethereum Foundation researchers.

Sharplink is the institutional-grade #Ethereum treasury platform giving investors a smarter, more productive access vehicle to ETH.

👉 theblock.co/post/406268/sharplink-buys-ethereum-8-months
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