SharpLink Gaming Dumps Significant ETH Holdings
SharpLink Gaming, a company backed by Joe Lubin, has reportedly sold a substantial amount of Ethereum (ETH) holdings. On Friday, the company transferred 4,364 ETH to the OKX cryptocurrency exchange.
This move comes as SBET stock, the company's publicly traded shares, continues to experience a slump. The stock's net asset value (mNAV) currently stands at 0.82.