Sbet has started to make moves recently, having purchased 200,000 ETH in the past week. Looking at today's SBet Q2 financial report, they raised over $2.6 billion through PIPE, public offerings (ATM), and registered direct offerings. They have acquired and hold 728,804 ETH (the data from a week ago was still 520,000 ETH). All the ETH held has been staked, and as of now, they have accumulated approximately 1,326 ETH in rewards. Based on the purchase records, it seems they recently bought nearly 130,000 ETH in the last few days.