SharpLink's SBET ETH Staking Generates $1.38M in a Week Amid Whale Accumulation

2025-12-11 04:45

SharpLink's $SBET token has generated 446 ETH, equivalent to $1.38 million, in just one week through Ethereum staking, with annualized revenue projections nearing $70 million. This surge comes as Ethereum experiences significant whale activity, with 934,240 ETH, valued at $3.15 billion, accumulated over the past three weeks. During this period, smaller investors have sold 1,041 ETH, while Ethereum's price has increased by 8.5%, driven by institutional and whale buying. The growing interest in Ethereum staking and accumulation by large holders highlights the ongoing bullish sentiment in the market.

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