👑 ETH Microstrategy moment has begun 💥 The Ethereum Foundation has been surpassed by @SharpLinkGaming!
Previously, the Ethereum Foundation held the top position in on-chain holdings, but @SharpLinkGaming has taken the throne!
🤔 Why is @SharpLinkGaming making a large purchase of $ETH?
🔹 The chairman of @SharpLinkGaming, @ethereumJoseph, is also a co-founder of Ethereum!
🔹 With this connection, @SharpLinkGaming can make large purchases of $ETH at relatively low prices through OTC.
On July 11, the Ethereum Foundation announced that it completed a sale of 10,000 ETH through OTC, with the buyer being Sharplink, at an average price of 2,572.
🌟 The purchased lsETH is an income-generating asset! SharpLink has staked all the Ethereum it holds (or re-staked), as this is done through DeFi protocols, allowing them to maintain token liquidity while staking, and earn liquidity staking tokens (lsETH) for further DeFi operations.
By checking the Sharplink address through @arkham, it can be seen that they converted ETH into lsETH to earn staking rewards. As of last night, Sharplink has already earned over 415 ETH.
👇 How will $ETH bull @ethereumJoseph sound the horn for the counterattack?

🗣️ According to an interview video released by @sassal0x, @ethereumJoseph stated: "@SharpLinkGaming will continue to purchase $ETH at a scale of tens of millions of dollars daily."
💡 As long as @SharpLinkGaming adopts a strategy similar to @MicroStrategy ($MSTR):
Issuing corporate bonds, leveraging financing → pouring funds into $ETH → $ETH price rises, impressive company financials → stock price rises → stronger financing capability → buy more $ETH!
Will $SBET have the opportunity to replicate the past strategy of $MSTR and bring glory to $ETH? 🤩
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