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Sharplink resumes ETH accumulation after 8 months, receiving 5,000 ETH worth $7.85 million

2026-06-26 00:31

According to on-chain analyst Ember's monitoring, Sharplink received 5,000 ETH, worth $7.85 million, from FalconX 6 hours ago. This marks the company's first ETH accumulation in 8 months.

Sharplink currently holds 876,000 ETH, worth $1.37 billion, with an average cost price of $3,609, an unrealized loss of $1.789 billion, a decline of 56%.

On June 23, Bitmine, Sharplink, and Joseph Lubin jointly established the Ethereum non-profit organization Ethlabs to take over some of the functions of the Ethereum Foundation.