ChainCatcher message, according to Cointelegraph, Sharplink Gaming holds an unrealized profit and loss of 323 million USD for LSETH.

It is reported that LSETH is a type of Liquid Staking Derivative (LSD), representing liquidity certificates obtained through staking Ethereum (ETH). Its core function is to allow users to continuously earn ETH staking rewards while maintaining asset liquidity, and to further participate in yield stacking or trading through DeFi protocols.