SBET added 20,000 ETH in the past 4 hours, with a total floating profit of US$200 million

This article is machine translated
Show original

On July 17, according to on-chain data analyst Yu Jin's monitoring, SharpLink Gaming (SBET) bought 20,279 ETH (approximately $68.38 million) again through Coinbase Prime and Galaxy Digital in the past 4 hours.

Since SharpLink Gaming began reserving ETH in a MicroStrategy-like operational mode from early June, it has cumulatively purchased 321,000 ETH. The average purchase price is around $2,745, and it currently has an unrealized profit of $204 million.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments