$462.95 Million Ethereum Buy Sparks Crypto Market Interest
The persisting crypto market bloodbath has lured many crypto holders into serious states of panic. Renowned sports betting firm SharpLink appears to be unmoved by the market downturn, as it has shown courage with a bold dip buy on Ethereum, as disclosed by on-chain data provider Lookonchain.
According to the data, SharpLink purchased a massive 176,271 ETH tokens around the mid-hours of June 13, sparking debates among market participants.
The huge Ether accumulation happened when ETH was trading at an average price of $2,626 per token, causing the company to spend a total of $462.95 million on the purchase, including total fees and…
