List of Flash News about 1M ETH target
Time | Details |
---|---|
11:30 |
SharpLink Gaming (SBET) Whale Accumulation Update: 837,230 ETH ($3.7B) — 84% Toward 1M ETH Target, 0.7% of Supply
According to @MilkRoadDaily, SBET added 39,000 ETH worth $172M over the weekend, bringing SharpLink Gaming’s reserves to 837,230 ETH valued at $3.7B, or about 0.7% of total ETH supply; source: @MilkRoadDaily on X, Sep 5, 2025. The same source states the position is now 84% of the way to the company’s first target of 1M ETH; source: @MilkRoadDaily on X, Sep 5, 2025. Based on the reported dollar figures, the implied average price is roughly $4,410 per ETH for the new tranche and about $4,420 per ETH for the total reserve valuation; source: @MilkRoadDaily on X, Sep 5, 2025. Using the same data, SBET would need approximately 162,770 more ETH to hit 1M, or around $720M at the implied price, and a 1M ETH position would represent roughly 0.84% of supply if supply is unchanged; source: @MilkRoadDaily on X, Sep 5, 2025. The weekend pace equates to about 19,500 ETH per day, calculated from the 39,000 ETH figure; source: @MilkRoadDaily on X, Sep 5, 2025. |