Ethereum price predictions surge as SharpLink adds 5,188 more ETH to its portfolio.

• SharpLink Gaming has acquired an additional 5,188 ETH, valued at over $15.7 million.
• The company now holds more than 285,890 ETH, becoming the largest holder of Ethereum.
• Analysts indicate that ETH could surpass $3,000 and aim for $5,000.

SharpLink Gaming’s substantial investment in Ethereum has helped keep the price of the leading altcoin stable, even as the market remains volatile.

By strengthening its position with an additional 5,188 ETH worth over $15.7 million, the company’s influence is seen as pivotal in maintaining Ethereum’s critical price level amid significant drops in Bitcoin.

Market analysts now anticipate a bullish trend for ETH, spurred by SharpLink’s latest acquisition, which boosts its total ETH holdings to over 285,890.

Ethereum Price Holds Steady at $3,000 Amid SharpLink Gaming’s Buying Frenzy

The price of Ethereum has demonstrated remarkable resilience, holding firm as Bitcoin experiences significant declines. As Bitcoin’s value dips to $116,000 amid whale selling, the market is watching closely.

The Satoshi-era whale, which recently moved over 80,000 BTC, has been transferring coins again, including transactions to a centralized exchange. This has contributed to Bitcoin’s price drop, with analysts noting a potential shift in Bitcoin’s dominance that may prompt significant movements in altcoins.

Ethereum’s ability to stay above the $3,000 mark, coupled with SharpLink’s aggressive accumulation strategy, enhances overall bullish sentiments.

According to Onchain Lens, SharpLink’s latest purchase of 5,188 ETH adds to a significant buying spree that took place from July 7 to July 13.

During this period, SharpLink acquired approximately 74,656 ETH for around $213 million at an average price of $2,852 per ETH, raising its total ETH holdings to 285,894, up from 280,706 ETH previously noted.

Notably, around 99.7% of SharpLink’s ETH is staked, generating approximately 415 ETH in rewards since June 2. This represents a roughly 23% increase in concentration since June 13.

NEW: SharpLink becomes the largest $ETH holder among corporate entities

Between July 7 and July 13, SharpLink acquired ~74,656 ETH for ~$213M at an average price of ~$2,852 per ETH

Total holdings now stand at ~280,706 ETH

~99.7% of ETH is staked, earning ~415 ETH since June 2… pic.twitter.com/2yknUWgLJ

— SBET (SharpLink Gaming) (@SharpLinkGaming) July 15, 2025

The staking of nearly all its ETH not only supports the security of the Ethereum network but also positions SharpLink as a formidable player within the ETH ecosystem.

Joseph Lubin, President of SharpLink and co-founder of Ethereum, recently commented:

“As Ethereum enters a new era of institutional relevance, we are proud to support the long-term strength of the network and its mission of decentralization.”

Regarding the implications of this purchase, he added:

“This is not just a trade; it’s a commitment to our long-term vision. SharpLink is acquiring, staking, and restaking ETH as a responsible steward of the industry, removing supply from circulation and enhancing the health of the Ethereum ecosystem.”

ETH Price Predictions

Market analysts are closely monitoring Ethereum’s price movements, with technical indicators suggesting a potential breakout.

Merlijn The Trader highlighted the price outlook for this leading altcoin on social media.

According to the analyst, ETH exhibits a “triple RSI bounce” and an intact macro bullish channel, suggesting that Ethereum could be on the verge of significant growth.

A chart shared by the analyst on July 15, 2025, indicates that a price surge might push ETH toward an initial target of $5,000.

Importantly, Ethereum has previously reached all-time highs exceeding $4,800.