PANews reported on July 3 that according to Lookonchain monitoring, SharpLink Gaming is buying ETH, but early Ethereum holders are selling it.
- SharpLink Gaming announced yesterday that it had purchased 198,167 ETH (worth $517 million) at an average price of approximately $2,608, and today increased its holdings by another 2,738 ETH (worth $7.09 million) through over-the-counter transactions.
- At the same time, Ethereum's early whale 0xe592 (who purchased 21,664 ETH at a cost price of $573 in 2017-2018) deposited 4,123 ETH (worth $10.51 million) into Gemini today.