Wu said that according to @EmberCN monitoring, 10 hours ago, a newly created wallet withdrew 52,809 ETH (approximately 220 million USD) from Coinbase Prime, which was then distributed to 8 wallets for Ethereum staking. One of the addresses is a known address of SharpLink. Considering that SharpLink just raised 200 million USD through stock sales last Friday, it is likely that they bought ETH with these funds over the weekend. If true, SharpLink's current ETH holdings may have reached approximately 621,000 coins, worth about 2.65 billion USD.