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