SharpLink is making a bullish move towards $ETH 🏦
In the last 6 hours, SharpLink Gaming has sent over 19K $ETH (67.5M $USDT) to its strategic $ETH reserve fund.
As of now, they are holding a total of nearly 245K2 $ETH (1.22B $USDT).
Cash flow from ETF funds and companies has been heavily focused on $ETH over the past week. It is very likely that we will see ETF cash flow for $ETH surpassing $BTC in the near future.
If it continues to perform as it is now, $ETH is likely to outperform $BTC in the upcoming period, thereby creating upward momentum for Altcoins in the $ETH ecosystem specifically and other Altcoins in general.
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SharpLink continues to aggressively accumulate $ETH
In the past 7 hours, SharpLink has strongly acquired 20.279K $ETH ~ $68.38M from CoinbasePrime and Galaxy Digital.
With SharpLink's strong accumulation of $ETH raising speculation, could there be a transfer of power from the Ethereum Foundation?
Besides SharpLink, companies like BitMine, Bit Digital, and BTCS share the same strategy of choosing $ETH as a long-term reserve asset backed by large funds from Wall Street.
If MicroStrategy chooses $BTC, then Wall Street chooses $ETH.
If the transfer of power is real, with the strong potential and cash flow coming from Wall Street, what will $ETH be like this season?
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