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Does this mean they converted the 200 million dollars they raised last Friday into ETH over the weekend?
10 hours ago, a new wallet withdrew 52,809 ETH from a trading platform ($2.2 million), and then distributed it to 8 wallets to be kept in Ethereum staking, among the addresses there is one known address which is SharpLink (SBET).
And SharpLink just sold shares last Friday to raise 2 million dollars.