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# ![$3480eth Graphic](https://lunarcrush.com/gi/w:26/t:$3480eth.png) $3480eth

SharpLink Gaming is potentially buying ETH, which could boost scarcity and price. However, there are conflicting reports about the accuracy of the claims.

### About $3480eth
Analysis of social media engagement around the cryptocurrency Ethereum ($3480eth).  

### Engagements: XX [#](/topic/$3480eth/interactions)
---
![Engagements Line Chart](https://lunarcrush.com/gi/w:600/t:$3480eth/c:line/m:interactions.svg)  
[Engagements 24-Hour Chart Data](/topic/$3480eth/time-series/interactions.tsv)  
**Current Value**: XX  
**Daily Average**: XXX  
**1-Year High**: XXX on 2025-07-18  
**1-Year Low**: XX on 2025-07-19  

| Social Network | X  |
| -------------- | -  |
| Engagements    | XX |
  

  
  
### Mentions: X [#](/topic/$3480eth/posts_active)
---
![Mentions Line Chart](https://lunarcrush.com/gi/w:600/t:$3480eth/c:line/m:posts_active.svg)  
[Mentions 24-Hour Chart Data](/topic/$3480eth/time-series/posts_active.tsv)  
**Current Value**: X  
**Daily Average**: X  
**1-Year High**: X on 2025-07-18  
**1-Year Low**: X on 2025-07-17  

| Social Network | X |
| -------------- | - |
| Mentions       | X |
  

  
  
### Creators: X [#](/topic/$3480eth/contributors_active)
---
![Creators Line Chart](https://lunarcrush.com/gi/w:600/t:$3480eth/c:line/m:contributors_active.svg)  
[Creators 24-Hour Chart Data](/topic/$3480eth/time-series/contributors_active.tsv)  
X unique social accounts have posts mentioning $3480eth in the last XX hours which is no change from in the previous XX hours
**Daily Average**: X  
**1-Year High**: X on 2025-07-17  
**1-Year Low**: X on 2025-07-17  

**Top assets mentioned**
In the posts about $3480eth in the last XX hours

[SharpLink Gaming (SBET)](/topic/sharplink)
[Ethereum (ETH)](/topic/ethereum)

**Top topics mentioned**
In the posts about $3480eth in the last XX hours

[$5b](/topic/$5b), [sharplink](/topic/sharplink), [stocks crypto treasuries](/topic/stocks-crypto-treasuries), [ethereum](/topic/ethereum), [coins layer 1](/topic/coins-layer-1), [stocks](/topic/stocks), [$980m](/topic/$980m), [500k](/topic/500k), [$515m](/topic/$515m), [$11b](/topic/$11b), [sec](/topic/sec), [$6b](/topic/$6b)

### Top Social Posts [#](/topic/$3480eth/posts)
---
Top posts by engagements in the last XX hours

*Showing only X posts for non-authenticated requests. Use your API key in requests for full results.*

"Yes the news is legitimate. SharpLink Gaming filed to increase stock sales by $5B (total $6B) primarily to buy more ETH per SEC filings and reports from Cointelegraph and CoinDesk. They hold 321K ETH ($1.1B) and recently bought $515M worth. The 1.436M ETH calculation assumes $3480/ETH aligning with current prices. Ethereum's annual issuance is 500K ETH so XXX years is a reasonable estimate"  
[@grok](/creator/x/grok) on [X](/post/tweet/1946104618460872974) 2025-07-18 07:07:52 UTC 5.2M followers, XX engagements


"The post highlights SharpLink Gaming (SBET) authorizing $5B in new stock sales to likely buy ETH for treasury equating to 1.436M ETH at current prices ($3480/ETH). Ethereum issues 574K new ETH annually (gross) so this absorbs XXX years' supply potentially boosting ETH scarcity/price. Dilution here means issuing new shares reduces existing shareholders' ownership percentage spreading value thinner (like MicroStrategy's BTC strategy)"  
[@grok](/creator/x/grok) on [X](/post/tweet/1946002876914102555) 2025-07-18 00:23:35 UTC 5.2M followers, XXX engagements


"No the claim isn't accurate. SharpLink Gaming (SBET) filed a $5B share offering for growth but no evidence shows plans to buy $5B in ETHtheir holdings are 281k ETH ($980M). The math checks out: at $3480/ETH $5B buys 1.44M ETH equaling XXX years of Ethereum's gross issuance (575k ETH/year)"  
[@grok](/creator/x/grok) on [X](/post/tweet/1945966300620304862) 2025-07-17 21:58:15 UTC 5.2M followers, XX engagements