Ethereum Foundation Unstakes 17K ETH After Nearing 70K Staking Goal

Ethereum Foundation Unstakes 17,000 ETH As Treasury Shift

Ethereum Foundation has decided to decrease some of its staking positions at a time when it is just reaching the self-imposed target of holding 70,000 staked Ether tokens. According to blockchain data from Arkham, the foundation unstaked 17,035 ETH, worth roughly $40 million, last Saturday. The process of unstaking was done by converting the wrapped […]

Ethereum Foundation Unstakes 17K ETH After Nearing 70K Staking Goal – #CryptoUpdatesGNIT

The Ethereum Foundation moved to unwind part of its staking position shortly after nearing its stated goal of 70,000 staked ETH. On Saturday, the Ethereum Foundation unstaked 17,035.326 ETH, worth roughly $40 million, according to Arkham data. The move involved depositing wrapped staked ETH (wstETH) into Lido’s unstETH contract, with ETH expected to be returned once the withdrawal queue completes. In Ethereum, unstaking is the process of withdra…

How Ethereum Foundation’s $48.9M unstake could affect ETH prices

Ethereum Foundation unstaking $48.9 million sparks debate over whether ETH faces downside pressure or remains in a consolidation phase.

Unstaking Move By Ethereum Foundation Draws Market Focus, A Sell-Off On The Horizon?

In the ongoing cycle, the Ethereum staking ecosystem is experiencing one of its most significant activities yet, setting new records in the number of ETH staked across the cryptocurrency sector. After a period of increased staking, the Ethereum Foundation is showing reduced interest in ETH staking with the firm’s most recent unstaking move on Sunday. Ethereum Foundation Unstakes Some ETH Amid the excitement of Ethereum’s current price uptrend, a…

Ethereum Foundation Unstakes Nearly $49M in ETH

Wallet-tracking data suggests the Ethereum Foundation unstaked nearly $49 million in ETH, putting treasury strategy, optics, and on-chain proof in focus.

Ethereum Foundation Unstakes 17K ETH, Raising Strategy Questions - Invest In Crypto News

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