Sharplink Gaming accumulates over 10,000 Ethereum... surpasses 530,000 ETH holdings

Source
Doohyun Hwang

Summary

  • Sharplink Gaming announced that it acquired an additional 10,975 Ethereum, bringing its total holdings to 532,914 ETH.
  • As a result of the large-scale purchase, the price of Ethereum rose by 5.97% compared to the previous day, reaching $3,901 on the Binance exchange.
  • Sharplink Gaming secured $200 million through direct listing funding, stating that the entire amount would be used to purchase Ethereum.

Sharplink Gaming (Sharplink Gaming) has additionally purchased 10,975 Ethereum (ETH) (approximately $42.79 million).

According to on-chain analytics firm Nansen, on the 7th (local time), with this purchase, Sharplink Gaming's total Ethereum holdings have risen to 532,914 ETH, with an estimated value of about $2.07 billion (approx. ₩2.85 trillion).

This large-scale purchase impacted the price of Ethereum as well. On this day, Ethereum recorded a 5.97% increase from the previous day, reaching $3,901 on the global cryptocurrency exchange Binance.

Previously, Sharplink Gaming secured a new funding of $200 million (approx. ₩280 billion) to acquire Ethereum. At that time, Sharplink stated, "We raised a total of $200 million through a direct listing funding at $19.5 per share," adding, "The entire amount will be used for Ethereum acquisitions."

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Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
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