SharpLink Gaming’s $100M Ethereum Treasury Move Signals Strong Institutional Confidence
In a bold move underscoring institutional confidence in Ethereum, SharpLink Gaming has allocated an additional $100 million to its ETH treasury, bringing its total holdings to 438,190 ETH. As one of the first Nasdaq-listed companies to adopt ethereum as a core treasury asset, this strategic accumulation follows a recent $279.2 million capital raise. Analysts suggest this could catalyze further institutional adoption, potentially influencing Ethereum's long-term valuation trajectory in public company portfolios.
SharpLink Gaming Doubles Down on Ethereum with $100M Treasury Move
SharpLink Gaming, a Nasdaq-listed company, has transferred an additional $100 million into Ethereum, bringing its total holdings to 438,190 ETH. The move solidifies its position as one of the first public firms to adopt Ethereum as a core treasury asset. The company raised $279.2 million through an at-the-market offering last week, signaling aggressive accumulation.
Analysts view SharpLink's strategy as a potential inflection point for institutional Ethereum adoption. While Bitcoin remains the dominant choice for corporate treasuries, SharpLink's pivot highlights Ethereum's growing role in decentralized finance and real-world asset tokenization. The trend could encourage other public companies to follow suit.
Market observers are closely watching how Ethereum's utility in settlement and tokenization might reshape corporate treasury strategies. SharpLink's accumulation suggests a broader institutional shift toward blockchain-based financial infrastructure.
Ethereum ETF Inflows Surge Past $4B as Altcoin Unilabs Gains Traction
Spot Ethereum ETFs have attracted over $4 billion in net inflows within 10 days, peaking with a $533 million single-day record on July 22, 2025. The flood of institutional capital propelled ETH prices above $3,400—a 34% monthly gain—while on-chain volume spiked 288% as demand overwhelmed supply.
Meanwhile, Unilabs Finance emerges as the altcoin market's dark horse during its presale phase. The DeFi project's AI-powered utility threatens to divert attention from Ethereum's rally, with early adopters betting on its potential to disrupt the sector.
Analysts observe a paradigm shift: Bitwise's Matt Hougan notes corporate treasuries are accumulating ETH through ETFs at unprecedented rates, creating sustained supply pressure that could fuel further price appreciation. Changelly analysts echo this bullish outlook for Ethereum's trajectory.
Robinhood’s Crypto Revenue Nearly Doubles – Here’s What’s Fueling the Surge
Robinhood reported a 98% year-on-year surge in crypto-related revenue, reaching $160 million in Q2. The platform’s total net revenue climbed 45% to $989 million, while net income more than doubled to $386 million. Trading volumes for digital assets hit $28 billion, buoyed by a 21.7% expansion in overall market capitalization to $3.36 trillion.
CEO Vlad Tenev’s relentless focus on tokenization dominated the earnings call, with 11 explicit references to the technology. Robinhood Chain, the firm’s Ethereum-based LAYER 2 network, aims to tokenize illiquid assets like private equity and real estate. Early moves include European offerings tied to SpaceX and OpenAI.
Despite beating analyst estimates, shares slipped marginally after hours. The dip contrasts with Tenev’s bullish framing of tokenization as capital markets’ most transformative development in a decade—enabling 24/7 trading, instant settlement, and self-custody for retail investors.
Whale Accumulates $300 Million in ETH Amid Market Pullback
A significant Ethereum accumulation has caught the market's attention. Over the past three days, an unidentified whale address (0xdf0A67Ded855F8ea4baB6399690883243c0e2EF3) purchased $300 million worth of ETH through Galaxy Digital's OTC desk. The transaction, flagged by blockchain analytics platform Arkham, now shows an 8.7% unrealized loss as ETH's price dipped from $3,900 to $3,420.
The scale of this OTC purchase suggests institutional-grade conviction rather than speculative trading. Galaxy Digital's involvement underscores the growing institutional footprint in crypto markets. Ethereum's recent pullback mirrors broader crypto market strains, yet such large-scale accumulation indicates long-term bullish sentiment among sophisticated players.
Ethereum Price Faces $3,000 Breakdown Amid Bearish Technical Signals
Ethereum's price risks falling below the $3,000 threshold as on-chain and technical indicators flash warning signs. Glassnode data reveals the Holder Accumulation Ratio—a measure of investor confidence—dropped to a two-month low of 27.57%, signaling dwindling buy-side pressure.
The Elder-Ray Index, a gauge of market momentum, has remained negative for three consecutive trading sessions, currently standing at -342.73. Such readings typically precede extended downturns when bearish dominance goes unchallenged.
Market structure appears fragile as accumulation behavior wanes. Historical patterns suggest that without renewed investor conviction, ETH may struggle to maintain current support levels. The cryptocurrency last traded near $3,000 during periods of institutional accumulation—a dynamic notably absent in current market conditions.
Ethereum Whales Accumulate $400M in ETH Amid Market Dip
Two major Ethereum whales have aggressively accumulated ETH during early August's price downturn, deploying over $400 million in capital. A wallet tracked by Arkham Intelligence acquired approximately $300 million worth of ETH through Galaxy Digital's OTC desk, while Ethereum-focused firm SharpLink purchased 30,755 ETH ($108.57 million) at an average price of $3,530.
The scale of accumulation suggests strategic positioning rather than short-term speculation. SharpLink now holds 480,031 ETH ($1.65 billion), reinforcing institutional confidence in Ethereum's long-term value proposition despite current unrealized losses on some positions.
