SharpLink Gaming has acquired an additional 5,188 ETH worth over $15.7 million.
\nThe company now holds more than 285,890 ETH as it becomes the largest Ethereum holder.
\nAnalysts say ETH could spike above $3,000, with $5,000 as a potential target.<\/p>\n
SharpLink Gaming\u2019s massive bet on Ethereum has bolstered the top altcoin\u2019s price as bulls hold near the key level of $3,000<\/a>.<\/p>\n The company\u2019s strengthening of its ETH position with an additional 5,188 ETH worth over $15.7 million saw Ethereum price hold near the critical level as Bitcoin dipped sharply<\/a>.<\/p>\n Analysts now see ETH hitting a new upside leg, buoyed by SharpLink\u2019s latest purchase that brings the company\u2019s total ETH holdings to over 285,890.<\/p>\n As noted, Ethereum\u2019s price is demonstrating notable resilience as BTC dumps to lows of $116k amid whale selling.<\/p>\n The Satoshi-era whale who recently moved over 80,000 BTC has transferred coins again, including to a centralized exchange. Bitcoin price plummeted amid this, with analysts noting a potential dip in BTC dominance that could mean a major move for altcoins.<\/p>\n Ethereum price holding above the $3,000 mark as SharpLink continues its aggressive accumulation strategy adds to the bullish outlook.<\/p>\n According to Onchain Lens, the company\u2019s recent acquisition of 5,188 ETH adds to a substantial buying spree between July 7 and July 13.<\/p>\n During this period, SharpLink acquired approximately 74,656 ETH for around $213 million at an average price of $2,852 per ETH.<\/p>\n This brings the total holdings to 285,894 ETH, a significant increase from the 280,706 ETH reported earlier.<\/p>\n Notably, approximately 99.7% of SharpLink\u2019s ETH is staked, generating an estimated 415 ETH in rewards since June 2. In terms of concentration, this accounts for about 23% increase since June 13.<\/p>\n NEW: SharpLink becomes the largest $ETH<\/a> holder among corporate entities<\/p>\n Between July 7 and July 13, SharpLink acquired ~74,656 ETH for ~$213M at an average price of ~$2,852 per ETH<\/p>\n Total holdings now stand at ~280,706 ETH<\/p>\n ~99.7% of ETH is staked, earning ~415 ETH since June 2\u2026 pic.twitter.com\/2yknUWgkLJ<\/a><\/p>\n \u2014 SBET (SharpLink Gaming) (@SharpLinkGaming) July 15, 2025<\/a><\/p>\n\n Staking nearly all its ETH holdings not only supports Ethereum\u2019s network security but also positions SharpLink as a solid player in the ETH ecosystem.<\/p>\n Recently, Joseph Lubin, Chairman of SharpLink, co-founder of Ethereum said<\/a>:<\/p>\n \u201cAt a time when Ethereum is entering a new era of institutional relevance, we are proud to support the network\u2019s long-term strength and decentralization mission.\u201d<\/p>\n On what the buying means, he added:<\/p>\n \u201cThis isn\u2019t a trade \u2013 it is a commitment to our long-term vision. SharpLink is acquiring, staking and restaking ETH as responsible industry stewards, removing supply from circulation and reinforcing the health of the Ethereum ecosystem.\u201d<\/p>\n Market analysts are closely watching Ethereum\u2019s price movements, with technical insights suggesting a potential breakout.<\/p>\n Merlijn The Trader highlighted<\/a> the top altcoin\u2019s price outlook on X.<\/p>\n According to the analyst, ETH shows a \u201ctriple RSI bounce\u201d and an intact macro upward channel, indicating that Ethereum may be poised for significant growth.<\/p>\n Per a chart the analyst shared on July 15, 2025, a price explosion could push ETH toward $5,000 as an initial target.<\/p>\n Notably, Ethereum reached highs above $4,800 for its all-time high.<\/p>\n The post Ethereum price forecast as SharpLink buys another 5,188 ETH<\/a> appeared first on CoinJournal<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" SharpLink Gaming has acquired an additional 5,188 ETH worth over $15.7 million. The company now holds more than 285,890 ETH as it becomes the largest Ethereum holder. Analysts say ETH could spike above $3,000, with $5,000 as a potential target. SharpLink Gaming\u2019s massive bet on Ethereum has bolstered the top altcoin\u2019s price as bulls hold […]<\/p>\n","protected":false},"author":0,"featured_media":4230,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[100],"tags":[],"class_list":{"0":"post-4229","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ethereum"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/4229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=4229"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/4229\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/4230"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=4229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=4229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=4229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Ethereum price holds $3k level amid SharpLink Gaming buying spree<\/h2>\n
ETH price forecast<\/h2>\n