SharpLink Gaming Buys 10,000 ETH in Two Days, Whale Position Shows $1.7B Unrealized Loss
Onchain Lens reports that SharpLink Gaming purchased a total of 10,000 ETH ($15.73 million) over two days, bringing its total holdings to 886,285 ETH ($1.4 billion) with an unrealized loss exceeding $1.7 billion. Separately, a newly created wallet "0x643" bought 9,050 ETH ($14.31 million) from FalconX. These large whale movements highlight institutional accumulation amid ETH price weakness and raise questions about the cost basis and strategy of major holders.


