Ethereum Foundation Unstakes $50M in ETH From Lido
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6 Articles
Ethereum Foundation Unstakes $50M in ETH as Treasury Rebalancing Continues
The Ethereum Foundation pulled 21,271 ETH worth approximately $49.66 million from its Lido staking positions on May 11, the latest in a sequence of treasury moves that have unwound nearly a third of the staking position it spent four months assembling. On-chain data from Arkham Intelligence shows the withdrawal processed in uniform batches of wrapped staked ETH, each valued at around $2.3 million, routed through Lido's unstETH contract. None of …
Ethereum Foundation Unstakes $50M in ETH From Lido
The post Ethereum Foundation Unstakes $50M in ETH From Lido appeared on BitcoinEthereumNews.com. The withdrawal moved the ETH from Ethereum’s Beacon Chain into Lido’s withdrawal queue, where the assets can later be claimed once processing is complete. The move follows earlier treasury adjustments by the foundation, including the unstaking of 17,000 ETH in April and the sale of 10,000 ETH to Bitmine through an OTC deal. Ethereum Foundation Unstak…
Ethereum Foundation unstakes 50 million in ETH from Lido after Bitmine sale - The Cryptocurrency Post
The Ethereum Foundation initiated the withdrawal process for 21,270 Ether (ETH) from the Lido liquid staking protocol on May 11, 2026. This transaction, valued at approximately $49.6 million at the time of execution, shifts the entity’s exposure from the smart contract to the standard exit queue of the Ethereum Beacon Chain. The operation was identified through the Arkham Intelligence data logs, which continuously monitor institutional wallets t…
ChainCatcher reports that the Ethereum Foundation unstaking 21,271 ETH from Lido, triggering market panic. Arkham published an analysis suggesting the Foundation's move may stem from concerns about the security of third-party protocols. Furthermore, the recent multiple ETH sales indicate a need for treasury rebalancing, which typically wouldn't trigger an immediate sell-off.
Ethereum Foundation Unstakes $50M in ETH, Market Remains Stable
The Ethereum Foundation sparked fresh discussions across the crypto market after unstaking more than $49 million worth of Ethereum (ETH) on May 11. Blockchain data from Arkham Intelligence revealed that the organization withdrew 21,271 ETH from its staking positions through Lido, one of the largest Ethereum staking platforms. The transactions were completed in multiple batches, with each transfer carrying an estimated value of around $2.3 millio…
Ethereum Foundation unstakes $49.6M of ETH from Lido in strategic pivot
Ethereum Foundation's shift from Lido highlights a move towards decentralization, impacting staking dynamics and market liquidity strategies. The post Ethereum Foundation unstakes $49.6M of ETH from Lido in strategic pivot appeared first on Crypto Briefing.
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