ETH Breaks $3,600 As Wallets Scoop $745M, SharpLink Doubles Down With $100M Buy

Ethereum just flipped $3,600. Big money noticed. Two brand-new wallets just pulled off one of the largest ETH accumulations this year , $745 million combined . All done quietly. No prior on-chain activity. Just two whales scooping bags like it’s 2021. Wallet Watch: $745M ETH Accumulated in 9 Days On-chain sleuths spotted the two wallets on a buying spree: 0x35fbaD7C85A99938Bf8F7634859Dd0c7D59e48d4: Withdrew 103,274 ETH (~$372.8M) from Kraken over 9 days. 0x96842FeaF466Ab482E700aCAC5c80e61b97E06eA: Withdrew 103,141 ETH (~$372.3M) from FalconX within a week. Combined? 206,415 ETH. Zero outflows. Zero swaps. Just cold storage. SHARPLINK GAMING BOUGHT ANOTHER $100M ETH SharpLink Gaming wallets saw inflows of $115M ETH in the past 12 hours. They now hold $1.3 BILLION. Will they ever stop buying? pic.twitter.com/aTnnzBcxmx — Arkham (@arkham) July 18, 2025 These aren’t regular whales. They’re strategic. Both wallets appeared fresh. No previous activity. No signs of bot trading. Just high-conviction accumulation , straight from CEXs. Ethereum now trades at $3,607, up +5.2% on the week. Momentum is building. BTC dominance dips. ETH gas fees spike. And smart money’s playing offense, not defense. Enter SharpLink Gaming: $100M More In ETH The most aggressive ETH buyer right now? SharpLink Gaming. Their wallets just received $115M in ETH inflows in the last 12 hours. Total ETH holdings? Now $1.3 billion , and growing fast. And they’re not slowing down. SharpLink filed to raise $5 billion more. Purpose? Fuel more ETH buys and power a blockchain-first gaming ecosystem. BUYING $ETH on these HIGHS! Is it worth ? well whales think so! #ETH Surges Past $3600 as Two New Wallets Scoop Up $745M Worth Ethereum just broke above the $3600 mark — and whale activity is heating up. In total, 206,415 ETH (worth around $745 million) has been accumulated by… pic.twitter.com/j143BhQEYi — EyeOnChain (@EyeOnChain) July 18, 2025 This is the second ETH-heavy move by SharpLink in July. Just two weeks ago, they added another $600M in ETH. Some speculate the company is building a base layer for in-game economies, fully on-chain. Whales are buying. Not just dipping in, but loading up. And they’re not doing it on-chain like usual. They’re pulling ETH off exchanges, fast and clean. Key detail? These aren’t long-time ETH addresses. These are fresh wallets. That suggests institutional interest. Quiet money. Possibly funds or DAOs front-running the next Ethereum rally. Meanwhile, retail hasn’t caught on yet. Social sentiment is still focused on altcoins and memecoins. But behind the scenes, the real plays are forming. ETH’s Next Moves To Watch Here’s what’s happening: $3,600 is now acting as fresh support. Layer 2 ecosystems like Base and Blast continue to grow. ETFs might be closer than expected. Whales are stacking, not selling. And with SharpLink entering the chat and another $5B raise on the horizon, ETH’s liquidity story is far from over. Key points: Two fresh wallets pulled 206K ETH ($745M) from Kraken and FalconX ETH trades at $3,607, up +5.2% this week SharpLink Gaming added $115M in ETH in 12 hours. They now hold $1.3B ETH Filing shows they plan to raise $5B more for crypto gaming & blockchain expansion Big ETH moves. Quiet accumulation. And a growing signal, this means that Ethereum’s next leg might already be loading. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !

Source: NullTx