# 🚀 Massive Purchase of ETH by SharpLink!
SharpLink has just acquired 14,933 ETH ($53M) at $3,550, adding to its impressive treasury of 464,000 ETH valued at $1.62B! With an average purchase price of $3,029, they are sitting on $214M in unrealized profits while ETH is currently trading around $3,487.
This aggressive accumulation strategy since June shows great institutional confidence in Ethereum, even as the price has slightly dropped in the last 24 hours. Smart money continues to buy - should you? 💭
