SharpLink $213M ETH Buy Push ETH Price Pass $3,100

ETH price don jump 6% inside 24 hours, e pass $3,100, na SharpLink Gaming wey dey Nasdaq bin buy latest $213 million worth of 74,656 ETH. This one join the previous buys—like 24,371 ETH on July 15 and 10,000 ETH dem get from Ethereum Foundation—make their total holding pass 310,000 ETH. SharpLink, wey get private placement of $425 million and $413 million ATM stock facility, still get $257 million set aside for future ETH buys. More than 99% of their ETH don stake to make yield and support Ethereum network secure. Technical indicators for the 4-hour chart show bullish RSI near 70 and MACD positive, with resistance levels at $3,437 and $3,519 and support levels at $2,946 and $2,805. Small pullback to about $3,080 fit clear market wahala before the rally continue. SharpLink’s aggressive ETH buying show say corporate demand for programmable, yield-bearing crypto assets dey grow and fit help steady ETH price for long term.
Bullish
SharpLink big ETH acquisition dey show say corporate demand for Ethereum strong, e dey reduce market supply and e dey support upward price momentum. For short term, technical indicators—RSI near 70 and positive MACD—mean say price fit maintain bullish momentum after small pullback. For long term, consistent treasury diversification into ETH and strong staking yield strategies by Nasdaq-listed company fit boost investor confidence and make ETH price stable.