A certain ETH reserve institution address accumulated 15,846 ETH 7 hours ago, worth $55.34 million

By: theblockbeats.news|2025/08/04 09:42:24

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BlockBeats News, August 4th, According to EmberCN monitoring, an address belonging to an ETH reserve institution continued to accumulate 15,846 ETH ($55.34 million) 7 hours ago and staked them.

This address has been accumulating a total of 41,452 ETH since August 1st, worth $148 million, with an average price of around $3,575. After receiving the ETH, it all was staked on the PoS network through Figment, a behavior similar to SharpLink Gaming. This address may belong to SharpLink, and confirmation awaits SharpLink's next reserve announcement.

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