According to BlockBeats news on August 11, on-chain analyst Yu Jin monitored that 10 hours ago, a newly created wallet withdrew 52,809 ETH (220 million USD) from Coinbase Prime, and then distributed it to 8 wallets for Ethereum staking. One of these addresses is a known address of SharpLink (SBET). SharpLink sold stocks last Friday to raise 200 million USD, so it is very likely that they converted these funds into ETH over the weekend.
SharpLink (SBET) currently holds approximately 621,000 ETH, valued at 2.65 billion USD. The average purchase price is about 3,226 USD.