Sharplink, an Ethereum treasury firm, has resumed its ETH accumulation after an eight-month hiatus, acquiring 5,000 ETH from FalconX, valued at $7.85 million. This transaction was reported by on-chain analyst Yu Jin. Currently, Sharplink holds 876,000 ETH, worth approximately $1.37 billion, with an average purchase price of $3,609 per ETH. The firm is experiencing an unrealized loss of $1.789 billion, reflecting a 56% decline in value.
Sharplink Resumes ETH Accumulation with 5,000 ETH Purchase
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