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🚨SBET crashes 91% in 10 days — ETH treasury play backfires!



Via Protos:

📉 Sharplink Gaming (SBET), once the largest ETH treasury stock, plunged from $124 to under $11 post-market.

💥 Why the crash?

Surprise dilution announcement

Viral tweet claims most PIPE investors dumped right after ETH strategy was revealed

Trading volume surged 10x; worst day in stock history

📉 Markets now punish "crypto narrative plays" harder than crypto itself.

#ETH # SBET
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