Summary
- Amber CN reported that SharpLink Gaming appears to be preparing a large-scale additional purchase of Ethereum (ETH).
- SharpLink Gaming reportedly received Tether (USDT) and USDC totaling $379,000,000 and then transferred them to a Galaxy Digital OTC wallet.
- SharpLink Gaming usually disclosed the results of Ethereum purchases every Monday, but there was no announcement last week, suggesting purchases likely did not occur.
SharpLink Gaming appears to be preparing to make an additional large purchase of Ethereum (ETH).
On the 11th (local time), Amber CN reported on X, "In the past 45 minutes, SharpLink received Tether (USDT) and USDC totaling $379,000,000 and then transferred them to Galaxy Digital's OTC wallet. SharpLink appears likely to soon buy additional Ethereum."
It added, "SharpLink has typically disclosed the results of Ethereum purchases every Monday, but there was no related announcement last week. Therefore, it is highly likely that no purchase was made last week."
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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