SharpLink Gaming receives $145 million USDC… Potential for additional ETH accumulation
Suehyeon Lee
Summary
- It was reported that the SharpLink Gaming wallet received 145 million USDC.
- The USDC was transferred to the Galaxy Digital OTC wallet.
- WuBlockchain noted that since SharpLink has previously purchased most of its Ethereum (ETH) through Galaxy Digital, this transfer suggests the possibility of additional accumulation.
The SharpLink Gaming wallet address has received over $100 million USDC, raising the possibility of additional Ethereum (ETH) purchases.
According to on-chain analytics platform Amber on the 26th (local time), the SharpLink wallet received 145 million USDC from the Circle wallet. It is known that this may likely be newly issued USDC.
Afterwards, SharpLink Gaming transferred the received USDC to the Galaxy Digital OTC wallet. WuBlockchain analyzed, "Since SharpLink has purchased most of its Ethereum (ETH) through Galaxy Digital so far, this move could be for further accumulation."
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
![[Market] Bitcoin steadies after 'wash shock'…reclaims the $79,000 level](https://media.bloomingbit.io/PROD/news/2d67445a-aa24-46b9-a72d-5d98b73b6aec.webp?w=250)
![[Today’s Key Economic & Crypto Calendar] Atlanta Fed GDPNow, More](https://media.bloomingbit.io/static/news/brief_en.webp?w=250)
![[New York Stock Market Briefing] Rebound on bargain hunting in blue chips…Apple jumps 4%](https://media.bloomingbit.io/PROD/news/3710ded9-1248-489c-ae01-8ba047cfb9a2.webp?w=250)