The discreet sale of 10,000 ETH by the Ethereum Foundation to SharpLink Gaming, at a price below market value, is intriguing. This private deal, concluded before a surge in price above $3,000, raises questions about the strategic management of Ethereum's reserves. In a context of record flows into Ether ETFs, this operation may mark a turning point: ether is no longer a speculative asset, it is becoming a financial leverage integrated into the treasuries of influential companies.
The article Crypto: SharpLink buys 10,000 ETH from the Ethereum Foundation as ETH rises above $3,000 first appeared on Cointribune.