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SharpLink has executed another major Ethereum purchase, transferring $108.6 million USDC to Galaxy Digital’s OTC desk. The move comes amid a broader crypto market downturn, with Ether dropping from recent highs.
- SharpLink’s $108.6M ETH purchase elevates its holdings to 470,141 ETH, second only to BitMine.
- Corporate ETH reserves surpass $10B, with The Ether Machine overtaking the Ethereum Foundation as the third-largest holder.
- BitMine’s Tom Lee predicts ETH could hit $15K, citing institutional accumulation and tokenization trends.
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