Sharplink Buys Ethereum for First Time in 2026—With ETH Down 68% From Peak
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Sharplink is buying Ethereum for the first time in 2026, investing around $16 million worth of ETH last week, marking its first crypto purchase since last year. The move comes as Ethereum's price is down 68% from its peak, indicating a potential rebound opportunity for the cryptocurrency market. Market sentiment remains cautious.
Ethereum treasury firm Sharplink purchased around $16 million worth of ETH last week, marking its first crypto buy since last year.