• SharpLink holds 480,031 ETH after spending over $108M in USDC within 48 hours, solidifying its position.

  • ETH accumulation continues across the market, with major purchases recorded over the past week.

  • Ethereum controls 58.1% of the $13.4B tokenized real-world asset space, reinforcing its role in digital infrastructure.

SharpLink has continued its large-scale acquisition of Ether (ETH), adding another 15,822 ETH to its balance sheet. Based on current market prices, the purchase is valued at approximately $53.9 million as reported by Lookonchain data. Onchain data shows that these recent acquisitions were made in several separate transactions over the past several hours.

https://twitter.com/lookonchain/status/1951832671237308421 Recent Largest Transaction Reaches Over $23 Million

The most significant transfer in this latest round involved 6,914 ETH, valued at $23.56 million. These transactions are part of an ongoing accumulation strategy by the company over the past two days.

With this addition, SharpLink now holds a total of 480,031 ETH. The total value of these holdings stands at roughly $1.65 billion. Over the last 48 hours alone, SharpLink used $108.57 million in USDC to acquire 30,755 ETH. The average purchase price during this period was approximately $3,530 per ETH.

Separate onchain activity recorded on Thursday shows SharpLink spending an additional $43.09 million in USDC. This purchase resulted in 11,259 ETH acquired at an average price of $3,828. These consistent acquisitions continue to raise the company’s presence among large Ether holders.

Ethereum Accumulation on Spree as  Ether Machine Adds $56.9M in ETH

In a separate development as reported by CryptoNewsLand earlier,  Ether Machine made a sizable purchase of 15,000 ETH last week. The buy, worth $56.9 million, was completed at an average price of $3,809. This acquisition took place during the 10th anniversary of Ethereum’s launch. Following the transaction, The Ether Machine’s ETH holdings rose to 334,757 ETH. 

That amount now surpasses the Ethereum Foundation’s known balance of 234,000 ETH.

This move positions The Ether Machine as the third-largest corporate holder of Ether, behind BitMine and SharpLink. The trend of accumulating Ether continues to spread among corporations treating Ethereum as a core infrastructure asset. Companies are increasing exposure to ETH not just for price speculation but for its use in network activity.

Current onchain data shows that Ethereum accounts for 58.1% of the $13.4 billion in tokenized real-world assets, including stablecoins and tokenized bonds hosted on the network. SharpLink and The Ether Machine have now collectively acquired over $110 million in ETH in under two weeks. Their consistent buying behavior signals a sustained corporate focus on Ethereum's network capabilities and asset strength.