According to the source, a Nov 9 X post claims SharpLink Gaming (NASDAQ: SBET) holds ETH with an unrealized $150M loss and has not sold any, a claim not yet corroborated by company filings. Source: X post dated Nov 9, 2025; U.S. SEC EDGAR. Traders should confirm the claim via SBET’s latest 10-Q/8-K and any digital-asset footnotes, and cross-check any disclosed ETH wallets on Etherscan for balances and historical cost. Source: U.S. SEC EDGAR; Etherscan. If confirmed, monitor ETH order books, exchange inflows, and SBET share volatility around any disclosure timing for potential liquidity and sell-pressure signals. Source: Etherscan; U.S. SEC Form 8-K.

According to @cas_abbe, a wallet linked to SharpLink Gaming transferred about 14.3 million USD worth of ETH to OKX today, and the same source states the wallet holds approximately 2.87 billion USD in ETH. According to @cas_abbe, the amount moved is small relative to the reported holdings and the source advises monitoring further movements and exchange inflows. According to CryptoQuant, deposits to centralized exchanges are commonly interpreted as potential sell side supply because assets must be on exchange to be sold.

According to Lookonchain, a wallet linked to SharpLink Gaming redeemed 5,284 ETH (about $17.52M) and deposited 4,364 ETH (about $14.47M) to OKX roughly 4 hours ago. Source: Lookonchain on X: https://twitter.com/lookonchain/status/1986623512673722464; Address details: Arkham Intelligence: https://intel.arkm.com/explorer/address/0x98FB1dca5b82e2B4BD27F3f7bF952EC8C76f79b4 Historically, elevated ETH exchange inflows have coincided with higher short-term sell-side liquidity and volatility, which traders monitor for near-term risk management. Source: Glassnode Insights research archive: https://insights.glassnode.com/category/the-week-on-chain/ Based on the reported figures, approximately 920 ETH was not sent to OKX from the redeemed amount. Source: Lookonchain on X: https://twitter.com/lookonchain/status/1986623512673722464

According to the source, a public X post dated Oct 27, 2025 claims BitMine Immersion Technologies now holds over 13.7 billion dollars of Ethereum ETH, widening its ETH treasury lead over SharpLink Gaming. Source: Public X post on Oct 27, 2025. This claim is unverified and should be confirmed via BitMine Immersion Technologies’ official disclosures such as SEC EDGAR filings, investor relations updates, or verifiable labeled on-chain wallet addresses before initiating trades. Source: SEC EDGAR, BitMine Immersion Technologies investor relations, Etherscan. Traders should set alerts for any BitMine press releases, new EDGAR submissions, or third-party verified wallet attributions, and monitor ETH spot price, open interest, and funding rates on major venues around any confirmation to manage gap and headline risk. Source: CME Group data portal, major exchange derivatives dashboards, Etherscan and Nansen analytics.

According to @OnchainDataNerd, Sharplink Gaming accumulated another 19,271 ETH (approximately $78.3 million) from FalconX 13 hours ago; source: https://twitter.com/OnchainDataNerd/status/1982688325631938597. The receiving wallet is tagged as "Sharplink Gaming" on Arkham Intelligence, with address details listed here; source: https://intel.arkm.com/explorer/entity/sharplink-gaming.

According to the source, an X post dated Oct 27, 2025 claims SharpLink Gaming bought 19,271 ETH worth $80.37M, bringing reported holdings to 859,295 ETH valued at $3.58B. Source: X post dated Oct 27, 2025. The post provides no wallet addresses, transaction hashes, or official filings to verify these flows, so the figures remain unconfirmed. Source: X post dated Oct 27, 2025. For trading, treat this as unverified flow; wait for confirmation via labeled addresses on Etherscan or entity attributions from Arkham/Nansen before adjusting ETH exposure or liquidity provisioning. Source: Etherscan, Arkham, Nansen. If confirmed, large whale accumulation can tighten circulating float and support spot bids; if refuted, headline risk can unwind quickly—favoring mean-reversion setups with tighter stops and reduced leverage. Source: Binance Research and Kaiko market microstructure analyses.

According to @lookonchain, SharpLink Gaming purchased another 19,271 ETH worth approximately $78.3 million after a month of inactivity, indicating renewed whale accumulation that traders track for liquidity shifts, source: https://twitter.com/lookonchain/status/1982618552034357357. The activity is attributed to the Arkham-labeled SharpLink Gaming entity, providing on-chain verification of the inflow to the tagged address cluster, source: https://intel.arkm.com/explorer/entity/sharplink-gaming. The timing and size of the buy highlight a concentrated spot demand event that can influence ETH order flow monitoring and whale-tracking strategies, source: https://twitter.com/lookonchain/status/1982618552034357357.

According to @OnchainLens, SharpLink Gaming’s labeled reserve address 0x5e3b62e38808fc9582c23bc05e8a19a091d979c9 added 19,271 ETH valued at approximately $80.37M, based on Nansen data. According to @OnchainLens, total holdings at the address now stand at 859,395 ETH worth approximately $3.58B, per Nansen data. According to @OnchainLens, the latest addition increased the reserve by about 2.29% from an estimated prior balance of 840,124 ETH, derived from Nansen-reported figures. According to @OnchainLens, the reported dollar values imply a reference price near $4,170 per ETH for this tranche, calculated from figures sourced to Nansen.

According to @Ashcryptoreal, SharpLink Gaming reportedly purchased 19,271 ETH valued at $78.3 million, indicating large-buyer interest in Ethereum (ETH), source: Ash Crypto (@Ashcryptoreal) on X, Oct 26, 2025. The stated notional and units imply an average execution price near $4,063 per ETH based on the figures in the post, source: Ash Crypto (@Ashcryptoreal) on X, Oct 26, 2025. The post characterizes this as big money loading up on ETH and provides no transaction hash, venue, or official filing for independent verification, source: Ash Crypto (@Ashcryptoreal) on X, Oct 26, 2025.

According to @MilkRoadDaily, SharpLink Gaming said it strengthened its executive team with hires from FalconX, Bridgewater, Bain Capital Crypto, and Consensys, source: @MilkRoadDaily on X Oct 20 2025; SharpLink Gaming on X Oct 20 2025. The company also highlighted ETH as the asset and SBET as the ticker, noting the lineup’s background across institutional trading, macro strategy, venture investing, and Ethereum infrastructure, source: SharpLink Gaming on X Oct 20 2025; @MilkRoadDaily on X Oct 20 2025.

According to @MilkRoadDaily, a post on Oct 10, 2025 relays that @ethereumJoseph of SharpLink Gaming argues $ETH is the structural trade of the decade and that Ethereum is becoming the backbone of global finance, signaling a long-duration allocation thesis over a decade-scale horizon for ETH rather than a short-term tech bet (source: @MilkRoadDaily, Oct 10, 2025). The post provides no new metrics, timelines, or product/regulatory updates, indicating a narrative catalyst rather than a discrete fundamental event for ETH price action (source: @MilkRoadDaily, Oct 10, 2025). For traders, this is a sentiment-driven signal from an industry executive that may shape positioning narratives around ETH, but it does not include specific catalysts or data to quantify impact or timing (source: @MilkRoadDaily, Oct 10, 2025).

According to the source, BitMine Immersion Technologies bought another $823 million in ETH last week. According to the source, BitMine now holds more than three times the Ethereum of SharpLink Gaming based on current treasury figures. According to the source, traders tracking ETH can reference these reported treasury sizes when monitoring potential large-holder flows and comparative positioning between the two companies.

According to @MilkRoadDaily, SharpLink Gaming (SBET) is the first public company to tokenize SEC-registered equity directly on Ethereum (ETH), with Nasdaq-listed shares issued natively onchain rather than as wrapped or synthetic assets (source: @MilkRoadDaily). According to @MilkRoadDaily, the post describes this as a step toward stock markets running on ETH, a development traders focused on tokenized equities and the ETH ecosystem may monitor for infrastructure and liquidity implications (source: @MilkRoadDaily).

According to @MilkRoadDaily, SharpLink Gaming repurchased 1,000,000 SBET shares at an average price of $16.67 as part of a $1.5B buyback program, equating to roughly $16M for this tranche (source: @MilkRoadDaily). According to @MilkRoadDaily, cumulative repurchases have removed nearly 1.94M SBET shares from circulation to date (source: @MilkRoadDaily). According to @MilkRoadDaily, ETH was cited as the asset referenced alongside the SBET ticker in the update, highlighting a crypto angle for market watchers (source: @MilkRoadDaily).

According to @MilkRoadDaily, SharpLink Gaming (ticker SBET) repurchased 1,000,000 shares at an average price of $16.67 for roughly $16 million as part of a $1.5 billion buyback program, bringing total shares removed from circulation to nearly 1.94 million. Source: @MilkRoadDaily on X, Sep 16, 2025. The source also identifies ETH as the asset referenced alongside this update. Source: @MilkRoadDaily on X, Sep 16, 2025.

According to @MilkRoadDaily, SharpLink Gaming is reportedly set to move part of its $3.6B treasury onto Ethereum L2 Linea to stake ETH, which the source describes as one of the first instances of a major corporate treasury directly supporting Ethereum scaling, source: @MilkRoadDaily. The source also states that billions of ETH will be staked on Linea, signaling substantial staking activity tied to this move, source: @MilkRoadDaily.

According to @rovercrc, SharpLink Gaming plans to stake part of a USD 3.6 billion Ethereum (ETH) treasury on the Linea network when its mainnet goes live on September 10, as stated in a public X post on Sep 6, 2025 (source: @rovercrc on X, Sep 6, 2025). However, Linea’s mainnet has been live since July 2023 per Consensys’ official Linea documentation, making the September 10 mainnet go-live claim inconsistent (source: Consensys Linea documentation, July 2023). The post does not reference any official SharpLink announcement or SEC filing; traders should await verification via SharpLink’s investor relations page or the SEC’s EDGAR database before positioning (source: @rovercrc on X; SharpLink investor relations; SEC EDGAR). For trading execution, focus on confirmation risk: monitor Linea’s bridge and explorer for unusual ETH flows or staking activity near the cited date, and track ETH derivatives for volatility shifts tied to large-stake headlines (source: Linea docs and explorer; Deribit market data).

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.

According to @OnchainDataNerd, both @strategy and @SharpLinkGaming announced accumulating more ETH and BTC, signaling fresh institutional-scale crypto purchases, source: @OnchainDataNerd. According to @OnchainDataNerd, SharpLink Gaming (SBET) acquired 39,000 ETH valued at approximately $176.67 million, source: @OnchainDataNerd. According to @OnchainDataNerd, MicroStrategy bought another 4,048 BTC worth roughly $449 million, source: @OnchainDataNerd. According to @OnchainDataNerd, the combined disclosed buying totals about $625.67 million and implies around $110,952 per BTC and $4,529 per ETH based on the amounts reported, source: @OnchainDataNerd.

According to @MilkRoadDaily, SharpLink Gaming CEO and former Head of Digital Assets Strategy at BlackRock stated that "ETH will drive the real world economy as well as the global financial system" in a video shared on Aug 31, 2025; source: @MilkRoadDaily. This statement explicitly frames Ethereum as financial infrastructure for real-world use, reinforcing an institutional-grade bullish narrative for ETH; source: @MilkRoadDaily. Traders can monitor ETH/BTC rotation, options skew, and spot-liquidity in case this high-profile endorsement influences short-term flows; source: @MilkRoadDaily.