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Ethereum Foundation Unstakes Nearly $50 Million ETH While Markets Split Near Key Price Levels
The Ethereum Foundation has begun unstaking nearly $49 million worth of ETH, drawing market attention as the funds move toward liquidity, even as the network’s native token hovers near key price levels and sentiment remains divided. On Sunday, Arkham Intelligence flagged that the Ethereum Foundation had begun unwinding part of its staking position shortly after it had nearly reached its stated goal of 70,000 staked ETH, signaling a shift in how it managed its on-chain holdings. tweet According to Arkham, the Foundation deposited wrapped staked Ethereum (wstETH) into Lido’s unstaking contract, a process that ... (full story)
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