Ethereum Foundation Unstakes $48.9M in ETH as Market Watches for Possible Sale

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Arkham said the Ethereum Foundation unstaked about $48.9 million worth of ETH through Lido. Arkham tracking data shows the foundation deposited wstETH into Lido’s unstETH contract and will receive ETH after the unlocking process is complete. The move has drawn attention because the foundation has previously sold ETH for operational fund management.

ETH0.52%
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