SharpLink $SBET Generates $1.38M Weekly ETH Staking Revenue Amid Whale Accumulation

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ETH news: SharpLink’s $SBET generated $1.38 million in weekly ETH staking revenue, with 446 ETH earned last week. Whale investors added 934,240 ETH to holdings over three weeks, while retail investors sold 1,041 ETH. The staking model, launched June 2, 2025, has accumulated 8,776 ETH and is projected to generate nearly $70 million in annualized revenue. On-chain data shows $SBET outperforms volatile tokens like LINEA, offering consistent returns in uncertain markets. ETH update: Staking activity remains strong amid whale accumulation.
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