Svmuu News: According to on-chain analyst Yu Jin, Sharplink received 5,000 ETH from FalconX 6 hours ago, worth $7.85 million. This marks the company’s first increase in its ETH holdings in 8 months.
Sharplink currently holds 876,000 ETH, valued at $1.37 billion, with an average cost basis of $3,609. It is sitting on an unrealized loss of $1.789 billion, representing a 56% decline.
On June 23, Bitmine, Sharplink, and Joseph Lubin jointly established Ethlabs (Ethereum), a nonprofit organization, to take over some of the functions of the Ethereum Foundation.
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Sharplink Resumes ETH Accumulation After an 8-Month Hiatus, Receiving 5,000 ETH Worth $7.85 Million
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Source：Odaily · Source Link
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