According to @EmberCN, SharpLink Gaming (Nasdaq: SBET) has reportedly acquired 176,271 ETH over the past two weeks, investing a total of $463 million at an average price of $2,626 per ETH. The company disclosed these transactions in an official announcement yesterday, and the likely storage and staking wallets have been identified through intel.arkm.com (source: @EmberCN on Twitter, intel.arkm.com). This significant ETH accumulation by a Nasdaq-listed company highlights growing institutional interest in Ethereum (ETH) and is expected to impact ETH liquidity and market sentiment in the short term.

According to Lookonchain, Abraxas Capital has borrowed USDT to purchase an additional 242,652 ETH, equivalent to $561 million, over the past week. This aggressive accumulation coincided with a sharp increase in Ethereum's price from $2,460 to over $2,700, a gain of approximately 10%. The on-chain data from intel.arkm.com confirms these large-scale purchases. Such significant institutional buying pressure is a bullish signal for ETH traders and can influence short-term price momentum, as large entities entering the market often lead to increased volatility and liquidity. As a result, traders should monitor whale activity and on-chain flows closely for potential trading opportunities and risk management. (Source: Lookonchain, intel.arkm.com)