Sharplink reportedly bought 5,000 ETH from FalconX, ending an 8-month pause despite $1.7B in paper losses on 876,285 ETH.

The buy came days after a group of former Ethereum Foundation researchers launched Ethlabs, a nonprofit Sharplink helped fund.

SharpLink resumed buying Ether after an eight-month pause, scooping up $7.85 million worth of ETH as the token fell to its lowest price in 2026.