SharpLink Gaming acquires another $53M in ETH

SharpLink Gaming, a Nasdaq-listed firm known for its Ethereum (ETH) accumulation strategy, purchased 14,933 ETH ($53 million) in the past seven hours, according to on-chain analyst @EmberCN on X. The company first deposited $108 million in USDC to Galaxy Digital, receiving the ETH two hours later at a price of $3,550. It then transferred another $55.56 million in USDC to Galaxy Digital to continue buying. To date, SharpLink has accumulated a total of 464,000 ETH.