Crypto
SharpLink Gaming Bolsters Ethereum Holdings with $112.8M Stake
SharpLink Gaming has added to its Ethereum holdings by staking another 42,074 ETH worth $112.8 million, increasing its total stack to 892,127 ETH valued at $2.4 billion.
The company collected 27,945 ETH or $75 million in staking rewards over the past year.
Ethereum's price is currently trading at $2666.02 below the EMA50 at $2668.76 within a bearish trend structure confirmed by the MACD death cross at -4.69.
A retracement towards the EMA50 support zone at $2668.76 appears to be the next high-probability move before any sustained upside attempt, according to market analysis.