【Giant Players Bet on Layer2, $170 Million ETH Invested in Linea Ecosystem】
News has emerged that SharpLink Gaming, a publicly listed company (the second-largest publicly traded company holding ETH globally), has recently made a major move—directly staking $170 million worth of ETH into the Ethereum Layer2 network Linea. How significant is this number? It nearly reaches their $200 million staking plan ceiling.
This background is indeed worth noting. The company's chairman, Joseph Lubin, is a co-founder of Ethereum and the CEO of ConsenSys, essentially a top player in the circle. SharpLink holds 864,800 ETH and, as a core member of the Linea alliance, this investment essentially provides a strong endorsement for the entire Layer2 track.
An interesting comparison is that since Linea launched its token in September, its TVL once peaked at $1.64 billion, then experienced a sharp correction, dropping nearly 89%. At this critical juncture, a massive injection of ETH arrives. Could this give the ecosystem a much-needed boost? The market is watching.
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GasFeeLover
· 01-10 05:13
Hey, is Joseph Lubin really betting on Linea... Dropping $170 million, is he genuinely optimistic or just trying to save the situation?
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HodlKumamon
· 01-09 00:49
An 89% drop... Can this injection stop the bleeding? The data feels like it's firefighting.
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All-InQueen
· 01-09 00:49
Wow, Lubin directly invested 170 million into Linea. This guy is really all in. Isn't he afraid of a crash?
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VCsSuckMyLiquidity
· 01-09 00:46
1.7 billion invested, can it hold up? It feels like a fire rescue, but Lubin's move is indeed convincing.
Joseph Lubin's actions, is the Layer2 track about to turn around? Anyway, I'm still watching.
A 89% drop can still attract investment, either out of genuine belief or gambler's mentality. I bet on the latter.
If Linea can rebound in this round, it might be time to buy the dip... Should I go all-in, brothers?
Big names endorsing sounds appealing, but I habitually remain skeptical of large-scale entries at such nodes; there are too many tricks.
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CompoundPersonality
· 01-09 00:44
Joseph Lubin personally stepped in, pouring in 860,000 ETH. This guy is serious. But the decline in Linea... 89%? How desperate must one be to still dare to bet at this point?
#美国贸易赤字状况 $ETH $BNB $ZEC
【Giant Players Bet on Layer2, $170 Million ETH Invested in Linea Ecosystem】
News has emerged that SharpLink Gaming, a publicly listed company (the second-largest publicly traded company holding ETH globally), has recently made a major move—directly staking $170 million worth of ETH into the Ethereum Layer2 network Linea. How significant is this number? It nearly reaches their $200 million staking plan ceiling.
This background is indeed worth noting. The company's chairman, Joseph Lubin, is a co-founder of Ethereum and the CEO of ConsenSys, essentially a top player in the circle. SharpLink holds 864,800 ETH and, as a core member of the Linea alliance, this investment essentially provides a strong endorsement for the entire Layer2 track.
An interesting comparison is that since Linea launched its token in September, its TVL once peaked at $1.64 billion, then experienced a sharp correction, dropping nearly 89%. At this critical juncture, a massive injection of ETH arrives. Could this give the ecosystem a much-needed boost? The market is watching.