Sharplink buys $259M in Ether as ETH accumulation race heats up

SharpLink bought 79,949 ETH — its largest such purchase — to reclaim its status as the world’s largest public ETH holder.

Sports betting platform SharpLink Gaming kept accumulating Ether (ETH) after briefly slipping to the second-largest public ETH holder behind BitMine Immersion Technologies.

SharpLink acquired a record-breaking amount of Ether for the company in the past week ending Sunday, reporting a purchase of 79,949 ETH on Tuesday.

The acquisition was completed at an average ETH purchase price of $3,238, totaling about $258.9 million.

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