SharpLink Gaming: Adds 29K ETH from Galaxy Digital

SharpLink Gaming took delivery of 29195.83 ETH from Galaxy Digital at an average price of $1599.5, adding $46.7 million to its treasury in a single transfer executed ten hours ago.

The move lifts the firm’s on-chain ETH balance past 202000 tokens valued at $342 million, reinforcing its role as an institutional-grade Ethereum treasury vehicle.

Price action on the 4h chart shows ETH trading at $1571.81 inside the Bollinger Bands, with the upper band at $1641.49 acting as immediate resistance while the 50-EMA at $1638.09 and 200-EMA at $1803.49 define layered overhead supply; the MACD golden cross at -21.98 hints at building momentum yet the neutral RSI at 41.1 leaves room for a measured pullback toward the lower band support at $1531.53 before any sustained advance.