ETH Eyes $4K as SharpLink Buys 77K More Ethereum
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Ethereum surged past $3,900, recovering from last week’s dip to $3,530, as institutional buyers ramp up accumulation.
SharpLink scooped up another 77,210 ETH (~$295M), bringing its total stash to 438,017 ETH (~$1.69B), mostly staked. Meanwhile, derivatives markets flash bullish signals—open interest hit a record $60B, and trading volume spiked 61%.
With spot volume up 47% and ETH nearing $4,000, traders are betting on more upside.
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