A major publicly traded ETH treasury firm just made waves—SharpLink Gaming deployed roughly $170 million in ETH across Linea, Ethereum's Layer 2 network. This move matters. As the second-largest public holder of Ethereum, SharpLink controls approximately 864,800 ETH, valued at close to $2.7 billion. The staking decision reflects broader confidence in Layer 2 scaling solutions. With institutional players increasingly committing capital to Linea and similar L2 ecosystems, it signals growing market confidence in Ethereum's scalability infrastructure. Such capital allocation by mega-holders often influences market sentiment and layer 2 adoption dynamics.
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ZenZKPlayer
· 01-11 21:31
Awesome, big institutions are starting to bet on L2. Is Linea really about to take off?
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blocksnark
· 01-11 20:25
Sharplink's move is really impressive, throwing 2.7 billion ETH into Linea. Is this confidence or what?
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LiquidatedDreams
· 01-09 05:57
Big institutions' moves are quite aggressive this time, but L2 really needs to step up now
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MEVSandwichVictim
· 01-09 05:51
864,800 ETH directly invested in Linea, this shows how much confidence there is in L2... Institutions are really placing their bets.
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ForkThisDAO
· 01-09 05:46
Damn, $170 million invested in Linea? Is this really a strong belief in L2 or just another way to cut the chives?
A major publicly traded ETH treasury firm just made waves—SharpLink Gaming deployed roughly $170 million in ETH across Linea, Ethereum's Layer 2 network. This move matters. As the second-largest public holder of Ethereum, SharpLink controls approximately 864,800 ETH, valued at close to $2.7 billion. The staking decision reflects broader confidence in Layer 2 scaling solutions. With institutional players increasingly committing capital to Linea and similar L2 ecosystems, it signals growing market confidence in Ethereum's scalability infrastructure. Such capital allocation by mega-holders often influences market sentiment and layer 2 adoption dynamics.