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SharpLink Gaming's ETH Acquisition: SharpLink Gaming increased its Ethereum reserves by 143,593 ETH to a total of 740,460 ETH, funded through a $390 million direct offering and $146 million from an ATM facility.
Institutional Holdings Growth: Institutional treasuries have amassed approximately 4 million ETH, a significant increase from 112,960 ETH in April 2025, indicating a trend of companies and entities holding ETH as a liquid asset for long-term planning.
Market Analysis of Ethereum: Ethereum is currently trading around $4,250, experiencing a minor correction but maintaining a bullish outlook, with potential resistance levels at $4,576 and $4,788. On-chain metrics show strong profit retention among long-term holders.
Positive Sentiment and Future Projections: With over $528 million in ETF inflows and upcoming network upgrades, Ethereum's market sentiment remains strong, suggesting a possible price target of $5,280 by the end of September 2025 if current trends continue.
