Sharplink Gaming CEO Denies ETH Deposit to OKX Exchange: Addressing Rumors

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author: CryptoNews

date: November 08, 2025

1 min. read

Sharplink Gaming CEO, Matt Sheffield, has publicly refuted claims of a significant ETH deposit to the OKX exchange. The denial came in response to reports circulating on X (formerly Twitter) that linked a wallet, purportedly associated with Sharplink, to a $14.47 million ETH deposit on OKX. Sheffield firmly stated, "The post from Arkham claiming a $14.47 million ETH deposit to the OKX exchange is unrelated to us. It's not our wallet, and the wallet labeling is incorrect." This statement directly contradicts earlier reports from Onchain Lens, which cited Arkham data in identifying the transaction. Sharplink Gaming, a Nasdaq-listed company with a strategic investment in ETH, is keen to maintain transparency amidst market speculation. The CEO's swift response aims to clarify the situation and prevent the spread of misinformation regarding the company's ETH holdings and transactions. The source of the deposit remains unknown. ```