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Sharplink buys $259M in Ether as ETH accumulation race heats up

cryptoweekly by cryptoweekly
July 22, 2025
in Altcoins, News
0

SharpLink bought 79,949 ETH — its largest such purchase — to reclaim its status as the world’s largest public ETH holder.

Sports betting platform SharpLink Gaming kept accumulating Ether after briefly slipping to the second-largest public ETH holder behind BitMine Immersion Technologies.

SharpLink acquired a record-breaking amount of Ether (ETH) for the company in the past week ending Sunday, reporting a purchase of 79,949 ETH on Tuesday.

The acquisition was completed at an average ETH purchase price of $3,238, totaling about $258.9 million.

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Recent Posts
  • $100B Binance Futures volume backs traders’ ‘altseason’ claim
  • Crypto confusion: 50% of non-investors don’t understand it well enough to buy
  • Bitcoin liquidity wars carry on, but BTC price target remains $140K
  • Bitfarms to buy back 10% of shares, calls stock undervalued
  • Russia is not planning to ban foreign messaging apps, provided they comply with Russian law
  • Boom in RWA tokenization expected after passing of GENIUS Act — Aptos exec
  • Price predictions 7/22: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE

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