ETH bulls find a reason to go long after SharpLink Gaming reveals plans to form a $425 million Ethereum treasury.
Key takeaways:
SharpLink Gaming establishes the first ETH treasury, backed by Ethereum co-founder Joe Lubin. SharpLink will invest $425 million to acquire 120,000 ETH.
Ethereum futures open interest hits an all-time high of $36.1 billion, with ETH price climbing 4.5% on the daily chart.
