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SharpLink Gaming Surpasses Ethereum Foundation as Largest Institutional ETH Holder with 270,000 ETH

2025-07-14 07:12:39

SharpLink Gaming Surpasses Ethereum Foundation as Largest Institutional ETH Holder with 270,000 ETH

Main Idea

SharpLink Gaming has become the largest institutional holder of Ethereum, surpassing the Ethereum Foundation with its holdings of 270,000 ETH.

Key Points

1. SharpLink Gaming, a publicly traded US company, increased its Ethereum holdings to 270,000 ETH on July 14.

2. This surpasses the Ethereum Foundation's holdings of 242,500 ETH.

3. SharpLink Gaming's token (SBET) saw a slight decline, trading at $21.332 after hours, down by 1.47%.

Description

On July 14, SharpLink Gaming, a publicly traded US company, significantly increased its Ethereum holdings to 270,000 ETH, overtaking the Ethereum Foundation, which currently holds 242,500 ETH. This strategic accumulation

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