Ethereum Buying》SharpLink Gaming added 14,933 ETH, and the giant whale on the chain spent US$300 million in purchases in three days
Ethereum reserve company SharpLink Gaming has added another 14,933 ETH through Galaxy Digital since the early morning of the 2nd, worth approximately US$53 million. According to monitoring by on-chain data analyst Ai Ai, the whale on the chain also received 16,495.15 ETH from Galaxy Digital this morning, amounting to approximately US$58.5 million.
(Previous summary: Arthur Hayes sold $13.35 million in cryptocurrency: Bitcoin will backtest $100,000, Ethereum fell to $3,000)
(Background supplement: Massacre! Bitcoin fell below $113,000, Ethereum fell to $3,500, and the entire network was liquidated 10 Billion Magnesium)
Affected by the latest U.S. non-farm payroll data, the cryptocurrency market fell collectively this morning (2). Bitcoin once fell below $113,000, and Ethereum even fell to $3,500, reaching a low of $3,430. However, even as the market fell, on-chain data showed that there were still institutions and whales continuing to increase their positions in Ethereum.
SharpLink Gaming added 14,933 ETH
According to Ember Monitor, the Ethereum reserve company SharpLink Gaming has added another 14,933 ETH through Galaxy Digital since early this morning, worth approximately US$53 million.
At the same time, after receiving these tokens, SharpLink Gaming once again transferred 55.56 million USDC to Galaxy Digital to continue purchasing ETH.
In the past 7 hours, SharpLink Gaming deposited 108 million USDC and transferred it to Galaxy Digital, and has now bought 14,933 ETH (worth $53 million).
They transferred 53 million USDC to Galaxy Digital 7 hours ago and then received 14,933 ETH 2 hours ago with a buy price of $3,550. After receiving ETH, they again transferred 55.56 million USDC to Galaxy Digital to continue purchasing ETH.
SharpLink Gaming has purchased a total of 464,000 ETH since it began to reserve ETH in a micro-strategy operating mode in early June, with a current value of US$1.62 billion. The comprehensive average purchase price is approximately US$3,029, and the current floating profit is US$214 million.
. @SharpLinkGaming deposited 108 million USDC in the past 7 hours and transferred to Galaxy Digital, currently buying 14,933 ETH (53 million).
They transferred 53 million USDC to Galaxy Digital 7 hours ago, and then received 14,933 ETH 2 hours ago, with a buy price of $3,550.
After receiving ETH, they again transferred 55.56 million USDC to Galaxy Digital… img/datapic/js/2025122918202175 pic.twitter.com/tPRV3HMY9F— Ember (@EmberCN) August 2, 2025
The whales on the chain are going against the trend to cover their positions
Besides institutions, the whales are even more generous. According to monitoring by on-chain data analyst Ai Ai, the on-chain whale (wallet address 0xdf0…e2EF3) hoarded 79,461.38 ETH in three days, costing approximately US$299 million, but the account suffered a temporary loss of US$22.06 million.
Part of the increase came from this morning. When the price of Ethereum fell to the key support level, the address received another 16,495.15 ETH from Galaxy Digital, amounting to approximately US$58.5 million, and the average price of the position dropped to US$3,763.53. It reflects that big funds are taking advantage of the shock to absorb ETH.
The more it falls, the more it buys, what a ruthless currency hoarding machine 🤪New address 0xdf0…e2EF3 has accumulated a total of 79461.38 ETH (USD 299 million) in the past three days, with a current floating loss of USD 22.056 million!
When it fell 3 hours ago, it received 16495.15 ETH (about 58.5 million US dollars) from Galaxy Digital, reducing the average $ETH price of its overall position to $3763.53
Wallet address https://t.co/UpRLRWiCjO… img/datapic/js/2025122918202184 pic.twitter.com/Br268QMqIp
— Aunt Ai (@ai_9684xtpa) August 2, 2025
