Ethereum (ETH)

Keeps Buying the Dip, SharpLink isn't slowing down.

The company has just added another 29,196 $ETH , worth approximately $46.7M, to its Ethereum treasury. That brings SharpLink's total purchases over the past three days to 39,196 #ETH , valued at around $62.4M.

Despite sitting on a substantial unrealized loss from earlier purchases, SharpLink continues to accumulate aggressively rather than waiting on the sidelines.

Many investors are reducing exposure during the recent volatility, #SharpLink is doing the opposite, continuing to build one of the largest corporate ETH holdings in the market.

BREAKING ALPHA FROM GRAYSCALE

Zach Pandl just dropped the roadmap out of the bear market The CLARITY Act is the ultimate catalyst to end Crypto Winter.

But here is the real alpha:

=> Structurally long $ETH for tokenization dominance.
=> AI Crypto is the BIGGEST asymmetric bet on the board.

You’ve been warned.

Machi Is Selling BAYCs to Keep Betting on $ETH .

Machi Big Brother appears to be selling off his Bored Apes to fund his aggressive ETH longs on Hyperliquid.

Over the past month, he's sold 34 Bored Apes for a total of 326 ETH (about $514K), realizing a loss of 399 ETH (roughly $631K). His worst sale was Bored Ape #6057. He bought it nearly four years ago for 76.84 ETH and recently sold it for just 7.65 #ETH , a loss of about 90%.

At the same time, his leveraged ETH strategy hasn't been going well either. He's been liquidated multiple times on Hyperliquid, including another liquidation just 3 hours ago.

Following the latest liquidation, his Hyperliquid account is down to just $81K.

Whether this is simply portfolio rebalancing or a sign he's scrambling to keep his ETH bets alive, it's clear Machi is taking losses on one side while doubling down on the other.