Ethereum Foundation Unstakes $48.9M in ETH Through Lido Finance

TLDR: The Ethereum Foundation deposited 811 wstETH into Lido’s withdrawal contract across 271 batched transactions. ETH held steady at $2,319 despite the $48.9M unstaking move, showing no immediate sell pressure on markets. The foundation still retains over 100,000 ETH in liquid form, plus additional staked holdings beyond this withdrawal. Arkham flagged the transaction on X, [...]

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