SharpLink Transfers $170 Million to Linea to Optimize Ethereum Yield
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 09 2026- Capital Transfer: SharpLink transferred $170 million worth of Ethereum to Linea on Thursday to enhance transaction efficiency and yield structure, thereby optimizing its expanding Ethereum treasury management strategy.
- Holding Status: SharpLink currently holds 864,840 ETH, valued at approximately $2.7 billion at prevailing prices, with all Ethereum staked through qualified custodial arrangements, ensuring asset security.
- Market Reaction: Although SharpLink's shares rose slightly by 1.4% following the news, they remain over 33% below October levels, reflecting a slowdown in digital asset market momentum.
- Strategic Relationships: SharpLink maintains close ties with Linea not only through capital deployment but also in governance and token distribution, further solidifying its position within the Ethereum ecosystem.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
