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SharpLink Gaming Flash News List | Blockchain.News
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List of Flash News about SharpLink Gaming

Time Details
03:57
SharpLink Gaming Accumulates 91,330 ETH Worth $275M in 7 Days, Signaling Strong Institutional Interest in Ethereum

According to @lookonchain, SharpLink Gaming (@SharpLinkGaming) has continued its significant accumulation of Ethereum (ETH), purchasing an additional 6,377 ETH valued at $19.56 million today. This latest transaction brings their total accumulation over the past seven days to an impressive 91,330 ETH, worth approximately $275 million. For traders, this sustained, large-scale buying from a single entity could indicate strong bullish conviction and may act as a significant price support level for Ethereum, suggesting strong institutional interest in the asset.

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03:57
SharpLink Gaming ETH Whale Accumulates 91,330 Ethereum ($275M) in Just 7 Days

According to @lookonchain, SharpLink Gaming (@SharpLinkGaming) has continued its significant Ethereum accumulation, purchasing an additional 6,377 ETH valued at $19.56 million. This recent purchase brings their total acquisition over the past seven days to a substantial 91,330 ETH, worth approximately $275 million. For traders, this large-scale and consistent buying pressure from a single entity could indicate strong institutional confidence in Ethereum's future price, potentially acting as a bullish signal and impacting market sentiment and liquidity for ETH.

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00:00
SharpLink Gaming Continues Major ETH Accumulation, Buys Another 5,188 ETH for $15.86M

According to @EmberCN, SharpLink Gaming is continuing its significant accumulation of Ethereum (ETH), having recently purchased an additional 5,188 ETH for approximately $15.86 million through Coinbase Prime. This latest acquisition is part of a broader strategy, similar to MicroStrategy's approach, which began in early June. The firm has now accumulated a total of 300,000 ETH. The average purchase price for their holdings is reported to be around $2,701, resulting in a current unrealized profit of $130.9 million based on on-chain data.

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2025-07-11
22:10
SharpLink Gaming Accumulates Over 31,000 ETH ($90M) in Massive Buying Spree from Ethereum Foundation and Coinbase Prime

According to @lookonchain, on-chain data reveals that SharpLink Gaming (@SharpLinkGaming) has executed significant Ethereum acquisitions. The entity first purchased 10,000 ETH, valued at $25.7 million, directly from the Ethereum Foundation. Following this, SharpLink acquired an additional 21,487 ETH, worth approximately $64.26 million, through Over-The-Counter (OTC) channels and Coinbase Prime within a four-hour period. For traders, this rapid accumulation totaling over 31,487 ETH ($89.96M) by a single entity could be interpreted as a strong bullish signal, indicating significant institutional confidence and a potential positive impact on ETH's market price.

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2025-07-11
12:51
Ethereum Foundation's 17,000 ETH Transfer Explained: Sale to SharpLink Gaming and Grant to Argot

According to @EmberCN, recent on-chain movements from the Ethereum Foundation have been clarified, providing crucial context for traders. The Foundation reportedly sold 10,000 ETH to SharpLink Gaming (@SharpLinkGaming) and provided another 7,000 ETH to the non-profit development organization Argot (@argotorg) to fund its operations for the next three years. This insight reveals that the transfers were structured deals rather than open-market sales, which could alleviate trader concerns about potential selling pressure on Ethereum (ETH).

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2025-07-11
12:42
SharpLink Gaming (SBET) Acquires 10,000 ETH from Ethereum Foundation, Total Holdings Reach 232,000 ETH

According to @EmberCN, Nasdaq-listed company SharpLink Gaming (SBET) has received 10,000 ETH from an Ethereum Foundation address, confirming a previously announced acquisition. This transaction is part of a broader accumulation strategy that began in early June, mirroring MicroStrategy's approach to corporate treasury management. To date, SharpLink Gaming has accumulated a total of 232,000 ETH at an average purchase price of approximately $2,615. The position currently shows an unrealized profit of around $84.25 million, signaling significant institutional interest in holding Ethereum as a reserve asset.

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2025-07-11
12:06
SharpLink Gaming Reportedly Plans to Purchase 10,000 ETH from Ethereum Foundation, On-Chain Data Awaited

According to @EmberCN, news reports indicate that SharpLink Gaming intends to acquire 10,000 ETH directly from the Ethereum Foundation. However, the analyst notes that as of now, there has been no corresponding on-chain activity to verify this transaction. For traders, the execution of such a significant over-the-counter (OTC) purchase could influence market sentiment for Ethereum (ETH), making on-chain confirmation a critical event to monitor.

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2025-07-11
01:27
Nasdaq-Listed SharpLink Gaming (SBET) Buys Another 12,648 ETH, Total Holdings Reach 222,000 ETH

According to @EmberCN, Nasdaq-listed company SharpLink Gaming (SBET) has continued its aggressive Ethereum accumulation strategy, purchasing an additional 12,648 ETH for approximately $35.31 million. This brings their total holdings to 222,000 ETH, acquired since adopting a MicroStrategy-like approach in early June. The report notes that the company's average purchase price is around $2,617 per ETH, resulting in an unrealized profit of about $72.62 million. This consistent institutional buying by a publicly traded company could be interpreted as a strong bullish signal for Ethereum's long-term value.

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2025-07-08
02:15
DOJ Seizes $225M USDT in Pig Butchering Scam; Ethereum Treasury Stock SBET Plummets 70% Amid ETH Purchase Speculation

According to @PeckShieldAlert, the U.S. Department of Justice (DOJ) has initiated a civil forfeiture action to seize over $225 million in USDT linked to a 'pig butchering' scam that contributed to a Kansas bank's collapse. The DOJ complaint states that crypto exchange OKX provided crucial information that helped uncover a laundering network with approximately $3 billion in transaction volume. For traders, this large-scale seizure of USDT is significant as the funds are likely to be earmarked for a U.S. government crypto stockpile, potentially impacting stablecoin liquidity and regulatory perspectives. In parallel, the stock of SharpLink Gaming (SBET), a Nasdaq-listed firm pursuing an Ethereum (ETH) treasury strategy, plunged 70% in after-hours trading. This followed an SEC filing enabling the resale of over 58 million shares. However, BTCS CEO Charles Allen suggested this could be a strategic move, speculating that SharpLink may soon announce a major ETH purchase of up to $1 billion, which could sharply reverse the stock's trajectory. At the time of the report, ETH was trading down 4.1% at around $2,650.

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2025-07-08
02:06
Ethereum (ETH) Whales Accumulate 1.49M ETH as Institutions Buy In, But Why is Price Struggling Below $2,500?

According to @ai_9684xtpa, there is a significant divergence in Ethereum (ETH) market behavior, with large holders accumulating while the price faces headwinds. Data from Santiment reveals that wallets holding between 1,000 and 100,000 ETH, known as whales and sharks, have added 1.49 million ETH in the last 30 days, increasing their total supply control to 26.98%. This accumulation contrasts with retail wallets taking profits. Concurrently, major public companies are adopting ETH as a primary treasury reserve asset. SharpLink Gaming (SBET) acquired an additional 9,468 ETH, becoming the largest publicly traded holder, while BitMine (BMNR) is raising $250 million for its own ETH treasury strategy. Despite this strong institutional conviction, ETH price has struggled, falling to levels around $2,418, influenced by broader market selloffs and political uncertainty in the U.S. Technical analysis indicates a bearish trend structure, with key support tested near the $2,500 psychological level, even as U.S. spot Ethereum ETFs saw their first net outflows after a 19-day streak.

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2025-07-07
09:25
Ethereum (ETH) Whales Accumulate 1.49M ETH as Treasury Stock SBET Plunges 70%

According to @ai_9684xtpa, while Nasdaq-listed Ethereum treasury firm SharpLink Gaming (SBET) plummeted 70% in after-hours trading, a significant counter-trend is emerging in the ETH market. The stock's decline followed a filing to allow the resale of nearly 58.7 million shares, a move BTCS CEO Charles Allen suggested could flood the market. However, Allen also speculated this could be a strategic prelude to a surprise announcement of up to $1 billion in ETH purchases by the firm. Concurrently, data from analytics platform Santiment shows that ETH whale and shark wallets (holding 1,000 to 100,000 ETH) have accumulated 1.49 million ETH over the past 30 days. This accumulation by large holders, who now control 26.98% of the total supply, provides a strong potential price floor for ETH around the $2,500 support level, contrasting with profit-taking by retail wallets and the first day of net outflows from U.S. spot Ethereum ETFs after a 19-day streak.

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2025-07-05
16:03
Bitcoin (BTC) Price Holds $100K Amid Geopolitical Tension, Supported by Corporate Buying; Ethereum (ETH) Treasury Firm SharpLink (SBET) Plummets 70%

According to @EmberCN, Bitcoin (BTC) is demonstrating resilience by holding above the key $100,000 psychological threshold despite escalating geopolitical tensions in the Middle East. Analysts at crypto hedge fund QCP Capital note that this price stability is underpinned by continued institutional and corporate accumulation, with firms like Strategy and The Blockchain Group adding significant amounts of BTC to their treasuries. In a positive regulatory development, the U.S. Senate's approval of the GENIUS Act for stablecoins is viewed as a structural win for the industry. Meanwhile, Nasdaq-listed SharpLink Gaming (SBET), a company pursuing an Ethereum (ETH) treasury strategy, saw its stock plummet 70% in after-hours trading. This followed an SEC filing allowing early PIPE investors to sell shares. However, Charles Allen, CEO of BTCS, speculated this could be a strategic prelude to a major announcement of up to $1 billion in ETH purchases. On the technical front, Chainlink's LINK token has dropped below the Ichimoku cloud, confirming a bearish trend with immediate support around $12.6.

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2025-07-04
12:57
SharpLink (SBET) Stock Crashes 70% Despite Massive 188,478 Ethereum (ETH) Treasury Purchase: What Traders Need to Know

According to @AltcoinGordon, publicly-listed SharpLink Gaming (SBET) has become the largest corporate holder of Ethereum (ETH), increasing its treasury to 188,478 ETH after a recent $30.7 million purchase. Despite this significant accumulation, SBET's stock price plummeted 70% in after-hours trading. The sharp decline is attributed to a new S-3ASR filing with the SEC, which allows early private investors to sell up to 58.7 million shares, creating immense selling pressure. However, BTCS CEO Charles Allen suggests a potential strategic twist, speculating that SharpLink may have quietly raised up to $1 billion via an at-the-market offering to fund an even larger ETH purchase, which could be announced soon and potentially reverse the stock's decline. This volatility occurs as ETH's price itself fell over 4% to around $2,492.

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2025-07-04
12:57
SharpLink Gaming (SBET) Buys $30M More Ethereum (ETH), Boosting Treasury to 188,478 ETH

According to @AltcoinGordon, publicly-listed SharpLink Gaming (SBET) has significantly increased its Ethereum treasury by purchasing an additional 12,207 ETH for approximately $30.7 million. The source states this purchase occurred between June 16 and June 20 at an average price of $2,513 per ETH, bringing their total holdings to 188,478 ETH. This move, funded by a $27.7 million stock offering, reinforces SharpLink's position as the largest publicly traded holder of ETH, with total holdings valued at around $470 million. The company has also staked its entire ETH position, earning 120 ETH in rewards so far, which removes supply from the market and could be a bullish catalyst for the asset's price. This strategy signals growing institutional confidence in Ethereum, despite ETH trading down over 4% in the last 24 hours to around $2,492.

Source
2025-07-03
11:24
SharpLink Gaming (SBET) Stock Plummets 70% After ETH Treasury Move; Analyst Suggests a $1B ETH Purchase Twist

According to @rovercrc, Nasdaq-listed SharpLink Gaming (SBET), a firm pursuing an Ethereum (ETH) treasury strategy, saw its stock collapse by 70% in after-hours trading. The plunge followed an SEC filing that enables the resale of nearly 58.7 million shares from a private investment round, which could flood the market, as explained by BTCS CEO Charles Allen. However, Allen also speculates on a potential strategic twist, suggesting the company may have quietly raised up to $1 billion via a previously announced at-the-market (ATM) offering to purchase more ETH, potentially leading to a surprise announcement that could reignite the stock. This event occurred as ETH's price slid 4.1% to approximately $2,650 amidst a broader crypto market downturn, even as institutional adoption continues with firms like JPMorgan and Strategy increasing their crypto exposure.

Source
2025-07-03
09:50
SharpLink Gaming (SBET) Boosts Ethereum Treasury to 188,478 ETH, Becoming Largest Public ETH Holder

According to @lookonchain, publicly-listed SharpLink Gaming (SBET) has increased its corporate treasury to 188,478 Ethereum (ETH), positioning itself as the largest publicly traded holder of ETH globally. The company recently purchased 12,207 ETH for approximately $30.7 million between June 16 and June 20, at an average cost of $2,513 per coin, as stated in a press release. This acquisition was funded by raising $27.7 million through an at-the-market (ATM) stock offering. Demonstrating a long-term strategy, SharpLink has staked its entire ETH holdings, already earning 120 ETH in rewards. This move, supported by new board chairman and Ethereum co-founder Joseph Lubin, reflects a growing trend of corporate adoption of crypto assets, which could signal increased institutional buying pressure for ETH.

Source
2025-07-03
09:50
SharpLink Gaming (SBET) Boosts Treasury to 188,478 ETH with $30M Purchase, Signaling Strong Institutional Confidence in Ethereum

According to @lookonchain, publicly-listed tech company SharpLink Gaming (SBET) has significantly increased its corporate treasury holdings of Ethereum, now totaling 188,478 ETH. The firm reportedly purchased an additional 12,207 ETH for approximately $30.7 million between June 16 and June 20, at an average cost of $2,513 per ETH. This strategic purchase, funded by a $27.7 million at-the-market (ATM) share offering, solidifies SharpLink's position as the largest publicly traded holder of ETH globally. The company also disclosed that it has staked its entire ETH holdings, already earning 120 ETH in rewards. This move, coupled with the appointment of Ethereum co-founder Joseph Lubin as board chairman, signals strong institutional conviction in Ethereum's long-term value proposition and utility, a bullish indicator for traders monitoring corporate adoption.

Source
2025-07-03
01:04
Ethereum (ETH) Faces Breakdown Risk From High Leverage as Treasury Stock SBET Plummets 70%

According to @lookonchain, Ethereum (ETH) is facing significant breakdown risk as its recent rally was primarily driven by speculative, leveraged futures positions rather than fundamental demand, a warning issued by Matrixport. This fragility was highlighted by an 8% weekend sell-off, and derivatives data from Amberdata and QCP Capital shows traders are actively hedging for downside protection, with risk reversals turning negative. Concurrently, SharpLink Gaming (SBET), a Nasdaq-listed company pursuing an ETH treasury strategy, saw its stock price collapse by 70% in after-hours trading. BTCS CEO Charles Allen explained this was due to an SEC filing allowing early PIPE investors to resell nearly 59 million shares. However, Allen also suggested a potential bullish twist, speculating that SharpLink might have quietly raised up to $1 billion to purchase more ETH, which could trigger a stock rebound if announced.

Source
2025-07-03
00:11
Bitcoin (BTC) Trader's $200M Loss Highlights $1.15B Crypto Liquidation Wave; Ethereum (ETH) Treasury Stock Plunges 70%

According to @EmberCN, the cryptocurrency market experienced a severe downturn with over $1.15 billion in leveraged positions liquidated, marking one of the most significant sell-offs in recent months. The data reveals that long traders suffered the most, accounting for over $1 billion in losses. A single Bitcoin (BTC) long position on Binance, valued at $200 million, was the largest single liquidation reported. This market volatility caused Bitcoin (BTC) to fall over 3% to $104,700 and Ether (ETH) to sink 8% to $2,530. In related market news, SharpLink Gaming (SBET), a Nasdaq-listed company pursuing an Ether (ETH) treasury strategy, saw its stock plummet 70% in after-hours trading. The drop followed an SEC filing allowing private investors to resell a large volume of shares. However, Charles Allen, CEO of BTCS, suggested this could be a strategic move, speculating that SharpLink may be preparing to announce a surprise purchase of up to $1 billion in ETH.

Source
2025-07-01
12:03
Ethereum (ETH) On-Chain Data Signals Bullish Trend Despite Price Dip; SharpLink (SBET) Plunges 70% on Share Filing

According to @rovercrc, despite Ethereum (ETH) falling to $2,758 amid selling pressure, underlying metrics suggest a strong bullish conviction. On-chain data from analytics firm Sentora revealed a massive $393 million withdrawal of ETH from exchanges on June 11, the largest single-day outflow in over a month. Concurrently, ETH-based ETFs recorded $240.3 million in new inflows, surpassing Bitcoin ETF totals for the day. Glassnode data also supports this sentiment, showing a sharp drop in options skew, which indicates increased demand for short-dated call options. In related news, SharpLink Gaming (SBET), a company with an ETH treasury strategy, saw its stock plummet 70% in after-hours trading. The drop followed an SEC filing allowing investors from a private financing round to sell their shares. However, BTCS CEO Charles Allen speculated this could be a strategic precursor to a surprise announcement of a large ETH purchase by the company, potentially up to $1 billion.

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