SharpLink Moves ETH to Galaxy Digital Amid $479 Million in Unrealized Losses

SharpLink — the first publicly listed company to use Ethereum (ETH) as its primary reserve asset — is drawing attention after moving ETH to an OTC exchange. The transfer comes as ETH has dropped more than 20% in November. The move has triggered speculation that SharpLink may be selling to cut losses or restructuring its portfolio. SharpLink Faces Record Unrealized Losses According to Onchain Lens, using data from Arkham, a wallet linked to SharpLink transferred 5,442 ETH — worth approximately $17 source: https://beincrypto.com/sharplink-moves-eth-to-galaxy-digital/