NewsHK
Sharplink purchased 5,000 ETH — its first acquisition of Ethereum ($ETH) in eight months — according to an on-chain analyst who spotted the transaction.
The buy landed days after a group of former Ethereum Foundation researchers launched Ethlabs, a nonprofit that Sharplink had helped fund.
The On-Chain Signal The purchase was identified by an on-chain analyst rather than disclosed through any corporate announcement, a pattern that has become standard for treasury moves that market participants now track directly through public blockchain data.
The eight-month gap before this acquisition is the detail that demands explanation.
Keep reading