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Sharplink Gaming received roughly 5,000 ether this week, its first such inflow since last year, according to onchain data. The publicly listed firm now holds 876,285 ETH on its balance sheet, valued at about $1.38 billion.
Ethereum has rebounded from a recent dip, but traders remain split on whether the move signals a lasting recovery or just another brief rally in a volatile crypto market.
Ethereum rebounded 1.95% to $1,580 after last week’s drop, but analysts are split on whether this marks a reversal or just a short-lived correction amid continued volatility.
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