🐋 New Institutional Whale Buys over $840M ETH

Top Stories

BTC $119,208 (+1.9%) | ETH $3,155 (+5.9%) | SOL $167 (+4.6%)

• SharpLink Gaming ($SBET) becomes largest ETH holder among corporate entities, holding over 280k ETH worth over $840M

• Pump Fun buys back over $19M of their token, with wallet still containing over $10M - $PUMP recovers over 30% from the bottom

• Cantor Fitzgerald close to completing $4B SPAC deal with Bitcoin OG Adam Back to purchase BTC

• Genius stablecoin bill fails to pass, citing fears over lack of CBDC ban

• PayPal expands its PYUSD stablecoin to Arbitrum

• ETH ETFs record $1.06B in inflows over the past 4 trading days

• Alex Becker and EllioTrades’ $BLACK token goes live, trading at a $30M MC

• Department of Justice closes its investigation on prediction market Polymarket

• Fort Worth, Texas becomes first US city to mine Bitcoin