🔷️ SharpLink purchased 79,949 ETH between July 14–20, at an average price of $3,238, totaling approximately $258.9 million. With this move, their ETH holdings rose to 360,807 ETH, marking a 29% weekly increase.
🔍 Key Highlights:
This marks SharpLink’s largest weekly ETH accumulation to date.
The purchases were funded through their At-The-Market (ATM) equity offering program, which raised $96.6M just this week.
The ETH holdings are being utilized via staking, generating 567 ETH in rewards since the treasury strategy was launched in late May.
The increasing demand for $ETH from institutions could provide long-term support for Ethereum's price.
⚠️ This is not financial advice.
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