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Ethereum Foundation Unstakes 17K ETH After Nearing 70K Staking Goal

Cointelegraph
The Ethereum Foundation has unstaked 17,035 ETH, valued at approximately $40 million, shortly after reaching nearly its 70,000 ETH staking target.

Summary

The Ethereum Foundation recently unstaked 17,035 ETH, worth roughly $40 million, after coming close to its internal goal of staking 70,000 ETH. The foundation, which began its staking initiative in June 2025 to fund research and ecosystem grants, has not disclosed the reason for this withdrawal, leading to speculation regarding potential sales. While the foundation has previously expanded its staking position, its large-scale involvement has raised concerns from co-founder Vitalik Buterin regarding potential governance complications and network neutrality.

(Source:Cointelegraph)