CoinVoice has recently learned that, according to Cointelegraph, Sharplink Gaming holds an unrealized profit and loss of $323 million on its LSETH account.

It is reported that LSETH is a type of Liquid Staking Derivative (LSD), representing a liquidity certificate obtained by staking Ethereum (ETH). Its core function is to allow users to continue earning ETH staking rewards while maintaining asset liquidity, and to further participate in yield stacking or trading through DeFi protocols. [Original link]