{"id":74644,"date":"2026-06-27T21:50:43","date_gmt":"2026-06-27T21:50:43","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/sharplink-breaks-8-month-eth-drought-with-silent-18m-buy-through-falconx\/"},"modified":"2026-06-27T21:50:43","modified_gmt":"2026-06-27T21:50:43","slug":"sharplink-breaks-8-month-eth-drought-with-silent-18m-buy-through-falconx","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/sharplink-breaks-8-month-eth-drought-with-silent-18m-buy-through-falconx\/","title":{"rendered":"Sharplink Breaks 8-Month ETH Drought With Silent $18M Buy Through FalconX"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Sharplink acquired 5,000 ETH from FalconX after an 8-month pause.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">SBET jumped 5.48% on the circulating news but remains down 47.37% YTD on Nasdaq.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Sharplink holds 876,285 ETH worth $1.38B, ranking second behind Bitmine in ETH treasuries.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Lookonchain Spots Sharplink Recieving 5,000 ETH<\/h2>\n<p>With 876,285 <span>ETH<\/span> valued at $1.38 billion using current ether exchange rates on Saturday, June 27, 2026, <a href=\"https:\/\/news.bitcoin.com\/bitmine-and-sharplink-fund-ethlabs-to-scale-ethereum-for-ai-and-institutions\/\">Sharplink<\/a> ranks below Bitmine\u2019s 5,672,956 <span>ETH<\/span> cache, making it the second-largest <span>ETH<\/span> treasury today. This week, the onchain analyst on X known as Lookonchain detailed that Sharplink acquired 5,000 <span>ETH<\/span> from the <span>crypto<\/span> firm FalconX.<\/p>\n<p>\u201cAfter 8 months, Sharplink is buying <span>ETH<\/span> again,\u201d Lookonchain <a href=\"https:\/\/x.com\/lookonchain\/status\/2070310933986201903?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">wrote<\/a>. The onchain analysts also noted in the X post that the publicly traded firm paid an average price of $3,609 per coin and is sitting on $1.7 billion in paper losses. While the company\u2019s 5,000 <span>ETH<\/span> inflow can be verified onchain, Sharplink has not issued a press release or formal announcement.<\/p>\n<h2>Stock Down 99% and $1.7B in Paper Losses<\/h2>\n<p>Sharplink is among the growing roster of digital asset treasury (DAT) firms watching the <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> <a href=\"http:\/\/www.bitcoin.com\/get-started\/bull-market-vs-bear-market\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bear market<\/a> eat into their paper gains. The company\u2019s shares trade on <a href=\"https:\/\/news.bitcoin.com\/spacex-lands-nasdaq-100-spot-weeks-after-record-ipo\/\">Nasdaq<\/a>, and the stock closed June 26 at $4.81 a share. Shares climbed 5.48% during Friday\u2019s trading session after news of the company scooping up more <a href=\"https:\/\/branch.wallet.bitcoin.com\/news-contextual-eth\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">ETH<\/a> began circulating across social media.<\/p>\n<figure id=\"attachment_826679\" aria-describedby=\"caption-attachment-826679\" style=\"width:1996px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-826679\" class=\"wp-caption-text\">Sharplink chart via Tradingview.<\/figcaption><\/figure>\n<p>Despite Friday\u2019s 5.48% lift, Sharplink (Nasdaq: SBET) is down 10.76% over the past week, more than 21% this month, and 47.37% year to date. Hardly cause for celebration. SBET is also trading 99.96% below its all-time high. Sharplink\u2019s stock has generally traded at a discount to NAV, with <a href=\"https:\/\/www.sharplink.com\/dashboard\" target=\"_blank\" rel=\"noopener noreferrer\">mNAV below 1.0x<\/a>, while nearly all of the company\u2019s ether remains staked.<\/p>\n<p>Sharplink\u2019s renewed buying signals conviction, but the numbers tell a harder story. Whether accumulating through a <a href=\"http:\/\/www.bitcoin.com\/get-started\/bull-market-vs-bear-market\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bear market<\/a> proves prescient or painful remains an open question.<\/p>\n<p> <!-- --><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/sharplink-breaks-8-month-eth-drought-with-silent-18m-buy-through-falconx\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Sharplink acquired 5,000 ETH from FalconX after an 8-month pause. SBET jumped 5.48% on the circulating news but remains down 47.37% YTD on Nasdaq. Sharplink holds 876,285 ETH worth $1.38B, ranking second behind Bitmine in ETH treasuries. Lookonchain Spots Sharplink Recieving 5,000 ETH With 876,285 ETH [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":74645,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74644"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=74644"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74644\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/74645"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=74644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=74644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=74644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}