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Arkham: Ethereum Foundation Unstakes $48.9 Million Worth of ETH, Market Watching for Potential Sales

2026-04-26 06:28

Odaily Planet Daily News: On-chain analytics platform Arkham posted on X that the Ethereum Foundation has unstaked approximately $48.9 million worth of ETH. Tracking data shows that the Ethereum Foundation has deposited WSTETH into Lido's unstETH contract and will receive the corresponding ETH once the unlocking process is complete.

The market is focusing on whether the ETH unstaked by the Ethereum Foundation this time will be further sold. Previously, the Ethereum Foundation sold ETH multiple times for operational fund management, sparking ongoing market concerns about potential selling pressure.