SharpLink Don Add 14,933 ETH Wit $108M USDC-Funded Buy
SharpLink dey gather Ethereum gats dey grow. Dem transfer 108 million USDC go Galaxy Digital make dem fit buy 14,933 ETH for average price $3,550. After dem buy $53 million worth Ethereum before, SharpLink return $55.56 million USDC before dem continue to buy. Since June, dem don buy 464,000 ETH wey dey worth $1.62 billion for average price of $3,029, and dem get about $214 million unrealized profits. Under the leadership of Ethereum co-founder Joseph Lubin, SharpLink’s institutional plan show sey crypto adoption dey rise and e dey signal better chance for Ethereum traders dem.
Bullish
SharpLink big big buy dem for Ethereum dey show say institutional confidence dey grow. For short time, these big USDC fund buy fit make Ethereum price go up because e go reduce available supply and attract momentum traders. For long term, di company steady dey buy still mean say demand strong, e go make market stable and fit make other institutions follow. Generally, dis kain thing mean say Ethereum price get chance to rise.