Ethereum just ripped past $3,900, and you can thank Sharplink for that. These guys just dropped a casual $300 million on 77,200 ETH. Yeah, that’s not a typo. It’s one of the fattest ETH grabs anyone’s seen all quarter.
So what’s the deal? Well, when a big player like Sharplink goes shopping, everyone pays attention. It’s basically a statement: “We’re bullish, and we don’t care who knows it.” The timing’s wild too—DeFi’s heating up again, and those long-awaited Ethereum upgrades are right around the corner. You put two and two together, and suddenly everyone’s got FOMO. Less ETH floating around, prices go up, that old song and dance.
ETH’s chilling around $3,920 right now, up a spicy 5% since yesterday. Whole market’s buzzing about whether it can punch through the $4K ceiling. Sharplink’s keeping tight-lipped about why they went all-in, but honestly, who needs an official statement? The move screams confidence. Institutions are clearly hungry for ETH, especially now that crypto’s finally shaking off the dust from the last slump.
