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Ethereum Treasury’s $6B ETH Buyback Plan Sends SharpLink Shares Crashing 20%

Ethereum Treasury’s $6B ETH Buyback Plan Sends SharpLink Shares Crashing 20%

Author:
decryptCO
Published:
2025-07-19 15:01:02
16
2

Ethereum Treasury SharpLink Shares Plunge 20% Amid $6 Billion Plan to Buy More ETH

Ethereum's treasury just dropped a bombshell—and SharpLink investors are paying the price.

The $6 billion ETH accumulation strategy triggered a brutal selloff in SharpLink shares, wiping out a fifth of their value in a single session. Because nothing says 'confidence' like a double-digit plunge, right?

When whales move, minnows get crushed. The treasury's aggressive buy plan screams long-term conviction—but market makers clearly aren't waiting around to see how this plays out.

Funny how a 'bullish' $6B bet can still leave blood in the water. Maybe someone should've hedged their hedges.

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