๐คฃ๐ *THEY JUST CANโT STOP BUYING ETH!! SHARPLINK GOING FULL DJEN MODE ON ETHEREUM ๐๐ฅ*
Alright fam, while youโre stressing over tiny red candlesโฆ *SharpLink (SBET)* is out here casually hoarding ETH like itโs candy ๐ฌ
Letโs break down what they just did โ and why itโs ๐ฅ bullish forETH ๐
โ
๐ข *BREAKING: SharpLink just acquired 143,593 ETH at ~4,648 each!*
Their *total stash? 740,760 ETH.* Thatโs *Ethereum whale mode activated* ๐๐ฅ
โ
๐ *WEEKLY HIGHLIGHTS (Ending Aug 17, 2025):*
๐ฐ Raised537M via ATM/direct offerings
๐ช Scooped 143,593 ETH at an avg. of 4,648
๐ฑ Earned 1,388 ETH just from *staking* (since June 2)
๐ ETH Concentration: 3.87 (up **94
๐ผ Still sitting on84M+ dry powder ๐งจ
๐ฅ ETH Total Holdings: *740,760 ETH*
โ
๐ฏ *What This Means:*
๐ Institutions arenโt just โinterestedโ in ETHโฆ theyโre *loading* it up like never before
๐ SBET is clearly betting BIG on long-term ETH growth
๐ More ETH locked up = *less supply available* = *upward price pressure*
โ
๐ *Prediction:*
- If more firms follow SharpLinkโs lead, ETH could see another parabolic leg.
- Combine that with ETF buzz + staking rewards = *ETH heading to ATH? Very likely.*
-SBET stock could also react to this massive ETH backing.
โ
๐ก *Tips:*
โ Keep your eyes on institutional accumulation ๐
โ Staking = passive ETH income โ donโt sleep on it
โ ETH pullbacks = *buy zones*, not exit signs
โ
SharpLink ainโt playing. Are you? ๐๐ผ