SharpLink’s Ethereum Treasury Strategy: A New Institutional Benchmark

SharpLink Gaming's bold transition into Ethereum treasury management has transformed from a speculative venture into a model for institutional investors. As of July 2025, the company holds 205,634 ETH, including 7,689 tokens purchased in early July at $2,501 each, positioning itself as the second-largest Ethereum holder globally, trailing only the Ethereum Foundation. This strategic pivot, initiated with a $463 million treasury overhaul in early 2025, showcases operational sophistication and sets a new benchmark for institutional cryptocurrency management.

SharpLink's Ethereum Treasury Strategy Sets Institutional Benchmark

SharpLink Gaming's radical pivot into ethereum treasury management has evolved from speculative gamble to institutional case study. The company now holds 205,634 ETH—including 7,689 tokens acquired in early July at $2,501 each—establishing itself as the world's second-largest Ethereum holder after the Ethereum Foundation.

What began as a $463 million treasury overhaul in early 2025 now demonstrates operational sophistication. SharpLink stakes 100% of its holdings while employing restaking strategies for yield optimization, combining asset accumulation with active utilization rarely seen in public company balance sheets.

The sports betting technology firm turned crypto trailblazer publishes purchase details in regulatory filings, setting new transparency standards for corporate crypto adoption. Its disciplined approach contrasts sharply with companies treating digital assets as speculative hedges rather than core treasury components.

Ethereum Whale Sells 33,585 Staked ETH as Institutions Accumulate

A significant Ethereum whale divested 33,585 staked ETH (approximately $85 million) in what appears to be a strategic portfolio rebalance rather than panic selling. The whale retains a substantial position of around 100,000 ETH ($260 million), with much remaining staked.

Institutional interest in Ethereum continues to grow, with mega whale holdings reaching a five-year high—up 9.31% over nine months. Ethereum's recent 7% weekly price surge outperformed Bitcoin's modest 1% gain, reinforcing its bullish momentum.

Lookonchain data reveals the whale previously acquired 132,536 ETH ($333.79 million). The recent sale of 33,585 stETH netted $85.38 million USDC at an average price of $2,542.2. Concurrently, institutional wallets linked to Cumberland and others withdrew 34,883 ETH ($89.45 million) from Binance and 7,200 ETH ($18.37 million) from Kraken.

SharpLink Gaming Expands Ethereum Treasury Holdings to $527 Million

SharpLink Gaming, a publicly-traded gaming technology firm, has bolstered its Ethereum reserves to over 200,000 ETH, valued at approximately $527 million. The Minneapolis-based company acquired an additional 7,689 ETH for $19.2 million between June 28 and July 4, paying an average price of $2,501 per token. Ethereum's current price stands at $2,627.63, reflecting a 3.2% daily gain.

The firm now ranks as the second-largest institutional holder of ETH, trailing only the Ethereum Foundation. "Our refined treasury strategy and transparency metrics like ETH Concentration set a new standard for responsible digital asset stewardship," said Joe Lubin, SharpLink Chairman and Ethereum co-founder.

SharpLink recently raised $64 million through a stock offering, with plans to allocate $37.2 million toward further Ethereum acquisitions. This aggressive accumulation underscores growing institutional confidence in ETH as a treasury reserve asset.

Algorand Leads Tokenized Stocks, But Is It Already Losing The Race?

Algorand dominates 77% of the tokenized stock market, primarily through a single asset—EXOD, tokenized by Securitize. This early mover advantage in Real World Assets (RWA) positioned Algorand as a leader, but stagnation threatens its position. No new tokenized stocks have been added to its network in nearly a year.

Competitors like Ethereum, Base, and Arbitrum are gaining traction with rapid asset diversification. Their growth highlights Algorand's vulnerability as a one-token chain. The race for tokenized equities demands innovation; without it, early leads can evaporate swiftly.

Tokenized stocks bridge TradFi and crypto, offering 24/7 trading and efficiency. Chains that diversify beyond flagship assets will likely capture this burgeoning market. Algorand's next moves—or lack thereof—could determine its relevance in the RWA sector.

Ethereum (ETH) Price Prediction: Bulls Target $3,200 Amid Golden Cross and Whale Accumulation

Ethereum's price shows renewed strength as it trades above $2,600, with analysts eyeing a potential rally toward $3,200. Institutional demand and bullish technical indicators, including a weekly Ichimoku Golden Cross, are fueling optimism.

The cryptocurrency has formed higher lows within a symmetrical triangle pattern, suggesting an imminent breakout. A confirmed MOVE above key resistance at $2,800 could accelerate gains toward $3,100.

Market observers note growing whale accumulation and improving RSI momentum. 'Ethereum just triggered an Ichimoku Golden Cross... the next stop could be $3,100 in no time,' remarked Titan of Crypto.

Greece Makes First Crypto Seizure Linked to North Korea's $1.5B Bybit Hack

Greek authorities have executed the country's inaugural cryptocurrency seizure, freezing funds tied to February's $1.5 billion Bybit exchange hack attributed to North Korea's Lazarus Group. The Hellenic Anti-Money Laundering Authority identified a suspicious transaction flowing through a Greek-based exchange service wallet, using Chainalysis Reactor to establish an on-chain connection to the original theft.

Economy Minister Kyriakos Pierrakakis confirmed the operation prevented assets from vanishing into obfuscation tools like Wasabi and Tornado Cash. Approximately €10 million ($11.7 million) has been returned to victims through the agency's efforts, though the proportion connected to this specific seizure remains unclear.

Bybit's transparency dashboard shows $72 million (5% of stolen ETH) now frozen, with $870 million still outstanding. The recovery marks a rare victory against Lazarus Group's sophisticated laundering techniques involving cross-chain bridges and P2P desks.