Ethereum Hits Record High as Institutional Investors Pile In

SharpLink Gaming’s massive $463 million ETH purchase signals a significant shift in institutional crypto strategy, echoing early Bitcoin adoption by corporations. While this move from the public gaming firm coincides with Ethereum’s Q2 rebound, it also coincides with a tightening of supply as whales continue accumulating. The market remains cautious as geopolitical risks add volatility to the price.