SharpLink continues to aggressively accumulate $ETH
In the past 7 hours, SharpLink has strongly acquired 20.279K $ETH ~ $68.38M from CoinbasePrime and Galaxy Digital.
With SharpLink's strong accumulation of $ETH raising speculation, could there be a transfer of power from the Ethereum Foundation?
Besides SharpLink, companies like BitMine, Bit Digital, and BTCS share the same strategy of choosing $ETH as a long-term reserve asset backed by large funds from Wall Street.
If MicroStrategy chooses $BTC, then Wall Street chooses $ETH.
If the transfer of power is real, with the strong potential and cash flow coming from Wall Street, what will $ETH be like this season?
Blood transfusion of top holder $ETH: SharpLink officially surpasses Ethereum Foundation
10 hours ago, the following wallet address of SharpLink continued to withdraw 16.374K $ETH ~ $48.84M through Galaxy Digital.
The total $ETH held by this fund has now reached 262K $ETH ~ $842M, officially becoming the top $ETH holder, surpassing even the Ethereum Foundation - which holds ~232K $ETH ~ $651M.
All of the $ETH is being staked by this fund on the Liquid Collective platform. With a strategy of using $ETH as a long-term store of value, staking the entire amount of $ETH held not only reduces the supply of $ETH, helping to strengthen the upward trend of $ETH, but also demonstrates absolute confidence in the growth of $ETH.
With 2 organizations at the helm at once, what do you think $ETH will experience in the near future?
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