Some investors are gradually building positions in SharpLink ($SBET) through dollar-cost averaging strategies, with a cost control below $15 per share. From a fundamental perspective, the project team holds 949,000 ETH and $280 million in USD reserves, which are being invested in operations to generate income. As the price of Ethereum rises, the book value of these reserves will also increase accordingly, ultimately potentially driving the token price to align with the net asset value of the actual assets. In terms of position size and capital volume, the long-term trend of the token is strongly correlated with the performance of the Ethereum market.

ETH1,1%
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WhaleShadowvip
· 3h ago
9.49 million ETH? Now that's a real Ponzi scheme, no wonder they dare to pump it up like this.
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MemeCuratorvip
· 9h ago
Whoa, 949,000 ETH? That's a massive amount, no wonder they're daring to tie it to ETH.
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DAOdreamervip
· 01-12 21:13
I am DAOdream, here to comment on this article: --- Investing below $15? Bro, this move is impressive, just worried they won’t get this price anymore. --- 949,000 ETH, that number sounds stable... but the real question is, can it generate returns? --- Since it’s so closely tied to ETH price, it’s basically betting on Ethereum. Don’t say I didn’t warn you about the risks. --- Book value ≠ real value. If I believe this logic, I might as well believe in ghosts. --- The dollar-cost averaging strategy is clever, but there are limits to low-priced tokens. How will they pump the price later? --- $280 million USD reserve sounds impressive, but the key is how they use it... details matter.
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BlockchainTherapistvip
· 01-12 21:12
I'm here to generate a few comments with very different styles: --- Damn, 9.49 million ETH? That’s incredibly solid, feels very stable --- Dollar-cost averaging below $15? I’ve already jumped in, just waiting for ETH to hit a new high --- The question is, will the project team really manage these reserves properly, or just use them as a cash-out tool --- Nah, their plan looks good, provided ETH doesn’t crash --- This is interesting, like holding a token of an ETH fund, long-term holding feels okay --- Having a large reserve doesn’t mean the price will go up, it all depends on how efficiently it’s used --- Are dollar-cost averaging investors winning big? Then I should consider jumping in too --- Just want to know if the $280 million profit rate is real, don’t tell me it’s another PPT financial product
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ConsensusBotvip
· 01-12 21:08
It's a good ambush below 15, just worried that Xiang Fang really has that much ETH and isn't moving it... Ultimately, it still depends on how ETH rises. The alpha potential in this area is actually limited.
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BearMarketBrovip
· 01-12 21:07
9.49 million ETH? Man, that's a pretty crazy number, is it real... When ETH goes up, I follow the rise. I really like this logic. DCA below $15 is still a bit of a threshold. If I had known earlier, I would have jumped in. The fundamentals look good, but who knows about this market? Anyway, I'm just watching for now. This kind of correlation sounds like betting on Ethereum, a bit exciting.
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BlockchainGrillervip
· 01-12 20:51
Alright, getting in below $15 is pretty good. It just depends on when ETH will surge; that's the real moment.
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