TechFlow News: On June 26, according to on-chain analyst Yu Jin (@EmberCN), Sharplink—the Ethereum treasury company that had not purchased ETH for eight months—resumed its ETH accumulation today, receiving 5,000 ETH (worth approximately $7.85 million) from FalconX six hours ago.
Sharplink currently holds a total of 876,000 ETH, valued at approximately $1.37 billion at current prices. Its average acquisition cost stands at $3,609 per ETH, resulting in an unrealized loss of roughly $1.789 billion—a loss rate of 56%.
Previously, Bitmine, Sharplink, and Joseph Lubin jointly established Ethlabs—a non-profit Ethereum organization—on June 23.
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