Ethereum eyes $4,000 as SharpLink buys another 22,000 ETH $ETH

Ethereum has broken out of its week-long slumber, posting fresh gains as whales and institutions double down. SharpLink, one of the largest public holders of ETH has increased its stack with a fresh buy, offering a boost to price

Ethereum is trading above $3,900, up 7% in 24 hours.

ETH-focused treasury company SharpLink bought another 22,000 ETH.

Whales are doubling down on ETH acquisition, reversing the bearish pattern flagged earlier this week.