Ethereum · BitMine Immersion Technologies · The Block
Sharplink bought 5,000 ETH worth $7.85 million on Thursday, its first ether acquisition in eight months
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◎ Multiple-sources
EmberCN pointed to Arkham data showing that the Ethereum treasury firm received 5,000 ETH from FalconX.
Key facts
- Sharplink remains the world's second-largest public ETH treasury company, behind Tom Lee's Bitmine Immersion, which held 5.67 million ETH ($8.7 billion) as of June 14
- As of June 21, Sharplink held 876,285 ETH, worth roughly $1.3 billion, according to its website
- Tether's USDT, meanwhile, surpassed Ethereum's $185.4 billion market cap with $186.1 billion
- Ethereum fell 5% over the past 24 hours to trade at $1,534 as of 10:40 p.m
Summary
Sharplink bought 5,000 ETH worth $7.85 million on Thursday, its first ether acquisition in eight months, according to onchain data cited by analysis provider EmberCN. As of June 21, Sharplink held 876,285 ETH, worth roughly $1.3 billion, according to its website. Sharplink remains the world's second-largest public ETH treasury company, behind Tom Lee's Bitmine Immersion, which held 5.67 million ETH ($8.7 billion) as of June 14. Sharplink rebranded from SharpLink Gaming in February as it expanded from traditional ether staking into other onchain yield strategies.