## Bitmain and Sharplink Show Resilience with ETH Investments Despite a recent 9% dip in Ethereum (ETH) price, leading crypto companies Bitmain and Sharplink are reportedly still reaping profits from their strategic ETH investments. This highlights the potential for long-term gains even amidst market volatility. Crypto analyst AB Kuai.Dong (@_FORAB), a respected voice on X, revealed that Bitmain's average ETH purchase price sits around $3,827. This translates to an unrealized profit rate of 13.8%, based on the current ETH price of approximately $4,331. Sharplink is performing even better, with an estimated average purchase price of $3,571. Their unrealized profit rate is an impressive 22%. These figures demonstrate the importance of strategic investment and weathering short-term market fluctuations. Even with price corrections, well-timed and researched investments in cryptocurrencies like ETH can remain profitable. This news is positive for the overall confidence in the ETH market. ```
