SharpLink Gaming Dey Top Corporate ETH Reserves Wit 198300 ETH
SharpLink Gaming don dey speed up dia Ethereum treasury dem, dem don buy 60,582 ETH (wey worth about $180 million) since las June, with main buys like 7,689 ETH for las June, 10,000 ETH from Ethereum Foundation, plus 16,374 ETH for July 14 from wallet wey ConsenSys controls. Total, dem get 198,300 ETH (wey worth $608 million), plus 181,860 liquid staked ETH (LSETH). Dis gaming company don become di biggest corporate ETH holder. All dia assets dey for staking and restaking protocols, dey make over 320 ETH as rewards since June. Under chairman Joseph Lubin, SharpLink ETH reserve strategy dey follow di bigger trend for industry as public companies dey build on-chain treasuries for yield and diversification. Di company's stock don jump as ETH price don rebound pass $3,000, fit tighten supply and support bullish market outlook for ETH.
Bullish
SharpLink Gaming don dey gather ETH well well, e dey reduce how many ETH dey available and e dey show say institutions get confidence for am, dis fit help support ETH price for short term as market dey adjust to less selling pressure. When dem put assets inside staking and restaking protocols, e go lock ETH more, e go make supply tight. For long term, as company wallets dey carry more ETH, e fit attract more institutional investors, wey go support steady demand. History show say big company buys many times dey come before price rally, so e mean better things for ETH.