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SharpLink’s Ether Bet Skyrockets Past $1.3B—Here’s Why Traders Are FOMOing

SharpLink’s Ether Bet Skyrockets Past $1.3B—Here’s Why Traders Are FOMOing

Author:
CoindeskEN
Published:
2025-07-22 13:35:24
14
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SharpLink's Ether Bet Surpasses $1.3B After Latest Purchase

SharpLink just doubled down on crypto—and the market's eating it up. Their latest Ether play catapulted total bets beyond $1.3 billion, proving even skeptics can't ignore blockchain's gravity.

When whales move, retail follows

The purchase signals institutional conviction at a time when traditional finance still clutches its pearls over volatility. Meanwhile, DeFi protocols quietly hit all-time highs while Wall Street rebalances its bond portfolios.

Ether's proving it's more than gas money

This isn't just about transaction fees anymore. SharpLink's aggressive accumulation mirrors hedge funds hedging against fiat—with a side of 'we told you so' to SEC chair Gary Gensler.

Cynical take: Banks will launch 'blockchain innovation' departments next week to catch up.

|Square

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