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SharpLink Goes All-In: Snaps Up 77K ETH in $1.6B Mega-Bet on Ethereum

SharpLink Goes All-In: Snaps Up 77K ETH in $1.6B Mega-Bet on Ethereum

Author:
CoindeskEN
Published:
2025-07-29 14:00:53
17
2

SharpLink Acquired 77K More ETH, Boosting Holdings Over $1.6B

Another day, another whale move—SharpLink just dropped a nine-figure vote of confidence in ETH.

The crypto giant bulldozed its way into 77,000 fresh Ethereum tokens, pushing its total holdings past the $1.6B mark. That’s not a typo. Billion. With a B.

Why the shopping spree? Either they’ve got insider-level faith in ETH’s roadmap… or someone’s chasing yield harder than a Wall Street banker before bonus season.

One thing’s clear: When players like SharpLink double down, the market pays attention. Now we wait to see if this is genius positioning—or just another over-leveraged gamble in crypto’s high-stakes casino.

|Square

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