Summary
- SharpLink Gaming announced that it accumulated approximately $300 million worth of Ethereum over the weekend after declaring plans to reserve the cryptocurrency.
- On-chain analyst EmberCN reported that SharpLink bought 77,206 Ethereum.
- It was revealed that SharpLink carried out these large Ethereum purchases via OTC transactions with Galaxy Digital.
SharpLink Gaming (hereafter SharpLink), which declared the accumulation of Ethereum (ETH) reserves, reportedly collected Ethereum worth $300 million over the weekend.
On the 28th (KST), on-chain analyst EmberCN announced on X (formerly Twitter), "SharpLink appears to have purchased 77,206 Ethereum over the weekend," adding, "This amounts to approximately $296 million."
Specifically, it was revealed that SharpLink acquired the large amount of Ethereum through OTC (over-the-counter) transactions with the cryptocurrency asset management firm Galaxy Digital.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
