Given the ETH purchases @SharpLinkGaming is making and the shared interests with @Consensys + SharpLink Chariman @ethereumJoseph, what if SharpLink deploys its staked ETH holdings (currently $1.9B) onto @LineaBuild? 😉 Linea would rank #4 or #5 according to @l2beat valued secured, with just 50% or more of SharpLink's $1.9B in staked ETH. At an assumed ETH staking yield of 2.7%, SharpLink treasury is on track to generate 14,092 ETH yield per year (~$50M). Plus, I would bet the average ETH yield achieved will be much higher (4-6% conservatively generating +$100M annually). This size of ETH-denominated economic activity could be rocket fuel for accelerating the DeFi economy on Linea. And this doesn't even take into account future LINEA-denominated rewards which will likely go live with their upcoming TGE. The drawback to all of this (or call it a positive and why I love free markets) is the markets will put pressure on SBET and other ETH DATs to continually compete for better ETH returns and so Linea has to attract and deliver better DeFi yields long term or risk losing this ETH liquidity. There's an argument to be made that the staked ETH in SharpLink, deployed on Linea, will also bolster the ETH price thanks to 20% of transaction fees (in ETH) burned, something I would like to see other major Ethereum L2s consider adopting. As @KyleReidhead recently shared with us on a new @edge_pod, DeFi Summer 2.0 will be fueled by this competition among ETH DATs to generate the best ETH yield return onchain, for the public markets.

It’s only Tuesday and @SharpLinkGaming just bought another 83,561 ETH, worth $264.5M. Accelerate 🚀

Got a good buddy to buy ETH over the weekend, first time he’s ever held crypto. He’s up like 6-7% and so happy. Feels good, man.

It’s only Monday and 221.5k ETH was bought today 👀 + @BitMNR $749M + @SharpLinkGaming $66.6M + @TheEtherMachine $40M + @GSQHoldings $10M Bless all of you ETH-heads 🤝 *Sorry too many typos today*

Correction, it’s only Monday and 22.15k ETH was bought today 👀 + @BitMNR $749M + @SharpLinkGaming $66.6M + @TheEtherMachine $40M + @GSQHoldings $10M Bless all of you ETH-heads 🤝

I think CT always underestimates how reflexive crypto prices can be. In good times (when your bags are up) you have to find a way to stay levelheaded and not get too high on your own supply. In bad times (when your bags are down) you have to not get caught so offsides that you blow yourself up or fall victim to losing faith in a quality asset like ETH. ETH sentiment went through hell and back. But now we are so back! And ETH hasn’t even gone to new highs yet. It’s gonna be wild once it does. When ETH reaches new highs, just remember we earned it. ETH is a $100T asset trading at $400B. It’s an opportunity your friends and family will say you got lucky to be in but there ain’t no luck in what we’ve been through.

Ethereum is what’s rewiring Wall Street Bringing global finance onchain One way to get long all this adoption? Buy and hold $ETH

It’s only Monday and… + @SharpLinkGaming bought $66.6M ETH + @TheEtherMachine bought $40M ETH + @GSQHoldings bought $10M ETH Bless all of you ETH-heads 🤝

I use @BungeeExchange for all cross-chain swaps and I use @CoWSwap more than any DEX agg—such a smart move to consolidate these features under one app.

$ETH has outperformed every major asset class over the last decade