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SharpLink has re-entered the Ether market with a $16 million $ETH acquisition, ending an eight-week halt in purchases. Bitcoin analysts remain split on near-term direction, though some see room for a run toward $65,000.
SharpLink Returns to ETH After Eight-Week Gap SharpLink's resumed buying marks its first $ETH accumulation in eight weeks.
The $16 million purchase signals a deliberate re-engagement with Ethereum rather than a one-off trade. No on-chain breakdown of average entry price or wallet addresses was included in the company's disclosure.
The eight-week pause had left open whether SharpLink's earlier ETH strategy was ongoing or had stalled. The new buy answers that question, at least for now.
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