🚨SBET crashes 91% in 10 days — ETH treasury play backfires!


Via Protos:


📉 Sharplink Gaming (SBET), once the largest ETH treasury stock, plunged from $124 to under $11 post-market.


💥 Why the crash?


Surprise dilution announcement


Viral tweet claims most PIPE investors dumped right after ETH strategy was revealed


Trading volume surged 10x; worst day in stock history


📉 Markets now punish "crypto narrative plays" harder than crypto itself.


#ETH #SBET