Sharplink has resumed its Ethereum purchases after an eight-month hiatus, acquiring nearly 40,000 ETH last week. According to CoinTelegraph, the firm spent approximately $62.4 million on this latest crypto move.
This marks a notable return to the market for Sharplink, which had paused its Ethereum acquisitions for an extended period. The fresh investment signals renewed confidence in ETH despite recent market volatility.
For Japanese investors, this development highlights ongoing institutional interest in Ethereum, which could influence local crypto market sentiment and trading volumes.