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The Ethereum Foundation has unlocked approximately $48.9 million worth of staked ETH, as the market focuses on the next potential sell-off moves

2026-07-17 07:19:03

Abstract generation in progress

ME News, April 26 (UTC+8) — On X, on-chain analytics platform Arkham released monitoring data showing that the Ethereum Foundation has de-staked ETH worth about $48.9 million. On-chain activity indicates that the Ethereum Foundation has deposited its held WSTETH into Lido’s unstETH de-staking contract, and after the unlocking process is completed, it will receive the corresponding amount of ETH spot. The current crypto market is highly focused on the asset’s next moves, with strong attention on whether the Ethereum Foundation will sell the unlocked ETH. Previously, the Ethereum Foundation has repeatedly sold ETH to manage operating funds, and those actions have consistently fueled market concerns about potential sell pressure on ETH. (Source: PANews)

ETH0.87%

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