SharpLink Gaming dey continue to gather ETH reach 449,000 ETH
SharpLink Gaming don dey continue dia ETH stacking plan as dem buy 11,259 ETH (US$43.1M) through Galaxy Digital again. This new buy bring their total ETH dem get to 449,000 ETH wey worth US$1.74B. Since June begin, the gaming company don buy up 526,000 ETH for two deals, including one weekend wey dem buy 77,000 ETH for US$290M. Their average price na US$3,011 per ETH and right now dem get unrealized profit of like US$386M. This steady ETH stacking for big institution side show say crypto demand dey grow and e fit affect how much ETH dey for market. Traders suppose dey watch how dem go continue to stack and how e fit affect ETH price balance plus price rise.
Bullish
Dis news na better for ETH. SharpLink Gaming dey continue dey buy Ethereum, dem buy $290M worth 77,000 ETH plus another $43.1M buy for 11,259 ETH, e show say plenty big people trust am. As dem dey reduce how many ETH dey waka around, dis kain big buy fit help keep the price steady and make am increase. Short term, new demand fit make am hard to find ETH quick quick and e fit make price move up and down. Long term, as big gaming company still dey gather more, e fit make market dey stable and attract more big money investors, make ETH price continue to go up.