๐ ๐๐๐ต๐ฒ๐ฟ๐ฒ๐๐บ ๐๐ผ๐๐ป๐ฑ๐ฎ๐๐ถ๐ผ๐ป ๐ฆ๐ฒ๐น๐น๐ ๐ญ๐ฌ,๐ฌ๐ฌ๐ฌ ๐๐ง๐ ๐๐ผ ๐ฆ๐ต๐ฎ๐ฟ๐ฝ๐น๐ถ๐ป๐ธ โ ๐๐๐น๐น๐ถ๐๐ต ๐๐ฒ๐ ๐ผ๐ป ๐ฆ๐๐ฎ๐ธ๐ถ๐ป๐ด ๐ฅ๐ฎ๐น๐น๐
โ The Ethereum Foundation (EF) sold 10,000 ETH (~$25.7M) to Sharplink Gaming Inc. (SBET) through an OTC deal to avoid price swings, as confirmed by VanEckโs Matthew Sigel.
๐ฏ Rather than selling to cash out, Sharplink plans to stake and re-stake the entire amount. Chairman Joseph Lubin called it a move to support Ethereumโs decentralization and long-term institutional relevance.
๐ Market impact:
ETH price surged to $3,038.14, now around $2,983 up 7.92% in 24h
Trading volume soared 44.25% to over $41.36 billion
๐ช At the same time, Robinhood has opened ETH staking to U.S. users, starting from just $1 โ adding more staking momentum after offering it in Europe.
๐ Adding to the bullish mood, crypto veteran Arthur Hayes predicted ETH could reach $10,000, citing renewed strength and rising institutional interest.
If these trends continue, Ethereum could break its 2021 ATH of $4,891.70 โ a level many investors are now eyeing with fresh optimism.