#TradingStrategyMistakes The 10,000 ETH cost roughly $25.72 million, equivalent to $2,572.37 per coin. SharpLink revealed that it finalized the acquisition on July 10, 2025. Notably, the purchase aligns with SharpLink’s commitment to adopt Ethereum as a primary treasury reserve asset.
Ethereum Foundation Confirmed Purchase
The Ethereum Foundation also published an X thread, confirming that it sold 10,000 ETH to SharpLink via an over-the-counter (OTC) transaction earlier this week. Per the announcement, the foundation transferred the funds directly from one of its multisig wallets, 0xc06…10B6d.