According to Cas Abbé on Twitter, SharpLink Gaming, a publicly traded company, has acquired 176,271 ETH for $463 million, making it the largest Ethereum (ETH) holding by any public company to date. This move positions SharpLink Gaming as a significant institutional player in the crypto market, setting a new benchmark for corporate ETH accumulation. With $537 million still available for further purchases, traders should anticipate increased institutional demand potentially impacting ETH liquidity and price dynamics in the near term (Source: Cas Abbé on Twitter).

According to Lookonchain, Mirana Ventures, which is associated with Bybit, has recently acquired another 21,667 ETH valued at $46.25 million from FalconX through an OTC transaction. This follows a previous acquisition of 265,912 ETH, valued at $700 million, post-Bybit hack. These strategic acquisitions are aimed at stabilizing Bybit's reserves, with Mirana's capital being anchored by Bybit's co-founders.

According to EmberCN, a possible Bybit or affiliated address (0x2E4...b77) received 34,743 ETH ($97.75M) from Wintermute 20 minutes ago. Over the past day, this address has likely accumulated 106,498 ETH ($294.93M) through Galaxy Digital, FalconX, and Wintermute. Initially, this address received 100 million USDT from Bybit's cold wallet.