$ETH starts the blood-sucking market, setting a new high for the year tonight, and off-market institutions are about to clash.

SharpLink (SBET) increased its holdings of 5,226 ETH again an hour ago, worth 23.1 million dollars. SharpLink currently holds 604,026 ETH, valued at 2.69 billion dollars, ranking second among institutional Ethereum holdings.

BMNR said it wants to buy 5% of ETH, SBET said it wants to buy 2 million pieces, and last night another new financial company claimed it wants to buy 10% of ETH, which means all the Ethereum in the market is being sucked away.

These buy orders should be the main reason why it managed to bounce back last night no matter how much it dropped, right? 🤔

Currently, this company's average purchase price is 4,228 dollars, and according to previous disclosures, it plans to raise up to 4 billion dollars, issuing stocks to hoard Ethereum from the market.

Can I get 6,000 for this Ethereum transaction?