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101d 22h ago

SharpLink Gaming Moves 379M USDT to Galaxy Digital OTC Wallet — Likely Preparing Major ETH Purchase

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SharpLink Gaming Moves 379M USDT to Galaxy Digital OTC Wallet — Likely Preparing Major ETH Purchase

COINOTAG News reported on September 11 that, according to cinder monitoring, SharpLink Gaming received approximately 379 million USDT within a 45‑minute window and subsequently moved the funds to Galaxy Digital‘s OTC wallet. On‑chain data indicates the transfer was a direct counterparty settlement; no official disclosure has been made regarding the transaction’s purpose or any subsequent ETH allocations. Market participants typically route large stablecoin flows through OTC desks for liquidity and settlement efficiency, but the exact asset allocation and timing remain unconfirmed by either party.

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