According to TechFlame, according to Cointelegraph, the unrealized profit and loss of LSETH held by Sharplink Gaming was $323 million. According to reports, LSETH is a type of liquid staking derivative (LSD), which represents a liquidity certificate obtained by staking Ethereum (ETH). Its core function is to allow users to continuously receive ETH staking benefits while maintaining asset liquidity, and can further participate in revenue accumulation or trading through DeFi protocols.