Ethereum Foundation Unstakes 17,035 ETH After Nearing 70,000 ETH Staking Goal

The Ethereum Foundation unstaked 17,035.326 ETH worth roughly $40 million on Saturday after nearing its 70,000 ETH staking goal. Arkham data shows the foundation deposited wrapped staked ETH into Lido’s unstETH contract, with the ETH set to return after the withdrawal queue completes. The foundation has not disclosed a reason for the move.

ETH1.6%
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