PANews reported on July 28 that according to Ember, SharpLink Gaming purchased 77,206 ETH over the weekend, with a total value of approximately $296 million, and all of them have been deposited as collateral. Specifically, SharpLink Gaming transferred $145 million USDC to Galaxy Digital the day before yesterday, and Galaxy Digital subsequently withdrew approximately 38,600 ETH (worth $148 million) from multiple exchanges and transferred them to SharpLink Gaming. In addition, the relevant address withdrew 41,000 ETH (worth $158 million) from exchanges such as Binance, OKX, Kraken, Bybit, and Gate last night, and transferred 38,606 ETH to the SharpLink Gaming address 7 hours ago, which is expected to be purchased for it.