💥 Sharplink bypasses the Ethereum Foundation — institutions switch to ETH buying mode
🔹 Fact: Sharplink Gaming has become the largest corporate holder of Ethereum — 280,706 ETH ($867 million), with 99.7% in staking.
📈 Most active week — July 7–13: 74,656 ETH were purchased for $213 million at an average price of $2852. Since then — +415 ETH passive income.
Comment from Joseph Lubin (co-founder of Ethereum):
"This is not just an investment. This is the beginning of collective capitalism."
🟡 In one month, over 10 companies purchased more than 550,000 ETH for $1.65 billion. Among them are former Bitcoin miners (Bitmine Immersion, etc.) who have pivoted to Ethereum as a more profitable asset.
📊 Currently, 52 companies hold 1.52 million ETH (\$4.5+ billion) — 1.31% of the entire Ethereum issuance.
📌 Key difference from ETFs:
These companies do not sell — they only accumulate. This already creates a supply shock — a shortage of available supply.
🧩 Conclusion:
This is not just accumulation — it is a structural market restructuring. ETH is becoming what BTC was in 2020: an asset that funds and companies are buying for the long term. And if this trend continues, we may enter a new phase of the bull cycle, where growth is driven not by emotions, but by institutional demand.