A suspected SharpLink-related address withdrew 52,809 ETH from Coinbase Prime, worth approximately $220.00M.

On August 11, according to on-chain analyst Ember, 10 hours ago, a newly created wallet withdrew 52,809 $ETH ($220.00M) from Coinbase Prime and then distributed it to 8 wallets for Ethereum staking. One of these addresses is a known address of SharpLink ($SBET). SharpLink raised $200.00M by selling shares last Friday, so it is likely that they bought these funds into $ETH over the weekend.

SharpLink's ($SBET) latest $ETH holdings may have reached 621,000, worth $2.65B. The average purchase price is roughly $3,226.00. [律动]