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A suspected SharpLink-related address withdrew 52,809 ETH, worth approximately $220.00M, from Coinbase Prime.

吴说Aug 11, 2025
#Crypto Stocks $ETH$COIN$SBET
According to @EmberCN monitoring, 10 hours ago, a newly created wallet withdrew 52,809 $ETH (approximately $220.00M) from Coinbase Prime, and then distributed it to 8 wallets for Ethereum staking, one of which is a known address of SharpLink. Considering that SharpLink just raised $200.00M through a stock sale last Friday, it is likely that they bought these funds into $ETH over the weekend. If true, SharpLink's current $ETH holdings may have reached approximately 621,000 $ETH, worth approximately $2.65B. [Wu Blockchain]
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A suspected SharpLink-related address withdrew 52,809 ETH, worth approximately $220.00M, from Coinbase Prime.

吴说Aug 11, 2025
#Crypto Stocks $ETH$COIN$SBET
According to @EmberCN monitoring, 10 hours ago, a newly created wallet withdrew 52,809 ETH (approximately $220.00M) from Coinbase Prime, and then distributed it to 8 wallets for Ethereum staking, one of which is a known address of SharpLink. Considering that SharpLink just raised $200.00M through a stock sale last Friday, it is likely that they bought these funds into ETH over the weekend. If true, SharpLink's current ETH holdings may have reached approximately 621,000 ETH, worth approximately $2.65B. [Wu Blockchain]
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