SharpLink has increased its holdings today by an additional 11,259 ETH, with a transaction amount of approximately $43.09 million.

Update, August 1st: Based on HyperInsight's monitoring, a whale has withdrawn nearly 16.1 million USDC within the past 2 hours. The whale at address 0x540545 withdrew approximately 7 million USDC in the past 2 hours. The whale at address 0x9Cb4F2 withdrew approximately 1.85 million USDC in the past 2 hours. The whale at address 0xc68E69 withdrew approximately 1.2 million USDC in the past 2 hours. The whale at address 0x2ac1fA3 withdrew approximately 2 million USDC in the past 2 hours. The whale at address 0x29862 withdrew approximately 4.05 million USDC in the past 2 hours. Meanwhile, the whale at address 0x3077fA made a deposit of approximately 1.85 million USDC in the past 1 hour. Earlier today, before 10 a.m., several whales had already withdrawn more than 6.4 million USDC, bringing the total withdrawal amount to over 22 million USDC so far. Additionally, due to the bearish market conditions, some whale ETH and BTC short positions are still under pressure.

On August 1st, as reported by Reuters, in a letter addressed to investors, Ray Dalio, the founder of Bridgewater Associates, has sold his remaining stake in the fund. Dalio established the Bridgewater hedge fund 50 years ago, and this transaction signals the conclusion of a multi-year transition for the world's largest hedge fund with $92.1 billion in assets under management. Ray Dalio, who is 76 years old, stepped down as the CEO in 2017 and is scheduled to transfer the control of the Bridgewater hedge fund to a new generation of investors in 2022. A source disclosed that Ray Dalio will also resign from the board.

August 1st, The "ETH Version MicroStrategy" SharpLink Gaming declared that our mission is to maximize shareholder value while holding as much Ethereum as possible. To ensure full transparency, we not only report the issued number of shares or the amount of ETH held but also monitor the ETH amount within every 1000 shares of ownership. We refer to it as "ETH Concentration", which indicates how much Ethereum is supporting every 1,000 shares of SBET stock. Since the implementation of the ETH Treasury strategy, the "ETH Concentration" has risen from approximately 2.00 to about 3.40, representing a 70% increase.

On August 1st, as per TheBlock, the Bitcoin mining firm Riot Platforms attained a net revenue of $219.5 million during the second quarter of 2025. This reversed a net loss of nearly $300 million in the first quarter. As of this year, Riot Platforms has accumulated a net loss of $76.9 million. Owing to the global average network hash rate increase, the cost of mining one Bitcoin has gone up by 93% compared to the same period last year. In the second quarter, Riot Platforms mined 1,426 Bitcoins, raising their total holdings to 19,273 Bitcoins and ranking fourth among publicly traded global companies.

On August 1st, as monitored by Farside Investors, the precise data indicates that the net inflow of the US Ethereum spot ETF in July reached $5.4309 billion, setting a record for the highest monthly inflow. Ethereum's monthly low began at $2485.47 and closed at $3698.39, representing a roughly 48.8% increase. This marks the highest monthly gain since August 2022. During this period, it reached a 2025-year-to-date high of $3941.

Update: On August 1st, based on the information from Farside Investors, the net inflow of the US Ethereum spot ETF was $17 million the previous day, indicating that it has seen net inflows for 20 consecutive days.