Ethereum #CryptoNews #BinanceSquare #ETH #Web3
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šØ Breaking News:Ethereum Foundation Just Sold 10K ETHāBut Hereās the Twist šÆ
The Ethereum$ETH Foundation just dropped 10,000 ETH ($25.7M) in a private OTC deal to SharpLink Gamingāand no, this wasnāt your average sale. This is the first-ever direct ETH$ETH acquisition from EF by a publicly traded company (SharpLink trades as $SBET) š
But hereās the juicy part:
SharpLink isnāt flipping ETH$ETH ātheyāre hoarding it.
Theyāre staking, restaking, and locking it up as their primary treasury reserve asset. Thatās 10,000 ETH off the market, potentially forever. š circulating supply.
Ethereum co-founder Joseph Lubin, now SharpLinkās chairman, called it a ācommitment to Ethereumās long-term mission.ā Love it or hate it, this might be the new playbook for mission-driven orgs supporting protocol-native finance.
All this goes down while ETH breaks above $3,000, ETF inflows surge, and on-chain narratives heat up. š„
ETH isn't just mooning... it's maturing.
š¬ Would you hold ETH as your company treasury reserve? Or nah?
Hashtags: #Ethereum #CryptoNews #BinanceSquare #ETH #Web3
But hereās the juicy part:
SharpLink isnāt flipping ETH$ETH ātheyāre hoarding it.
Theyāre staking, restaking, and locking it up as their primary treasury reserve asset. Thatās 10,000 ETH off the market, potentially forever. š circulating supply.
Ethereum co-founder Joseph Lubin, now SharpLinkās chairman, called it a ācommitment to Ethereumās long-term mission.ā Love it or hate it, this might be the new playbook for mission-driven orgs supporting protocol-native finance.
All this goes down while ETH breaks above $3,000, ETF inflows surge, and on-chain narratives heat up. š„
ETH isn't just mooning... it's maturing.
š¬ Would you hold ETH as your company treasury reserve? Or nah?
Hashtags: #Ethereum #CryptoNews #BinanceSquare #ETH #Web3
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