Summary
- Sharplink Gaming has designated Ethereum (ETH) as a reserve asset and reportedly began accumulating it in large quantities.
- AmberCN indicated that Sharplink raised $200 million last week and appears to have used these funds for Ethereum purchases.
- A total of 52,809 Ethereum were withdrawn from a newly created Coinbase Prime Wallet, of which a portion was sent to a Sharplink address.

Sharplink Gaming, which has designated Ethereum (ETH) as a reserve asset, was found to have accumulated a large amount of tokens.
On the 11th (Korean time), AmberCN reported via X (formerly Twitter) that “Sharplink raised $200 million last week and appears to have used these funds to purchase Ethereum.”
AmberCN added, “After 52,809 Ethereum (about $220 million) were withdrawn from a newly created Coinbase Prime Wallet, a portion of them were transferred to a Sharplink address.”

Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.

![[Exclusive] FSS to examine ZKsync coin that surged '1,000%' in three hours](https://media.bloomingbit.io/PROD/news/1da9856b-df8a-4ffc-83b8-587621c4af9f.webp?w=250)

