Close Menu
    Facebook X (Twitter) Instagram
    • Privacy Policy
    • Terms Of Service
    • Social Media Disclaimer
    • DMCA Compliance
    • Anti-Spam Policy
    Facebook X (Twitter) Instagram
    Bytecore News
    • Home
    • Crypto News
      • Bitcoin
      • Ethereum
      • Altcoins
      • Blockchain
      • DeFi
    • AI News
    • Stock News
    • Learn
      • AI for Beginners
      • AI Tips
      • Make Money with AI
    • Reviews
    • Tools
      • Best AI Tools
      • Crypto Market Cap List
      • Stock Market Overview
      • Market Heatmap
    • Contact
    Bytecore News
    Home»Uncategorized»Ethereum Foundation Nears 70,000 Staked ETH Target — Details
    Uncategorized

    Ethereum Foundation Nears 70,000 Staked ETH Target — Details

    April 4, 20263 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email
    kraken


    On Friday, April 3rd, the Ethereum Foundation staked over 45,000 Ether (ETH) tokens on the smart contract platform. This latest staking action brings the total amount of ETH locked by the foundation to roughly 69,500 coins, about 500 Ethers short of the foundation’s 70,000 staked ETH goal.

    Ethereum Foundation Stakes 45,000 Ether In A Single Day

    According to data from Arkham Intelligence, the Ethereum Foundation has continued to stake its coins and is now on the verge of reaching its 70,000 staked ETH target. This milestone came into sight on Friday after a series of transactions, a total of 45,000 ETH, with each consisting of 2,047 ETH, pushed the foundation towards the goal on Friday.

    Related Reading

    Blockchain analytics data shows that the ETH transfers, which were worth over $92.2 million, went from the Ethereum Foundation’s treasury to the Ethereum Beacon Deposit Contract for staking. The foundation started staking portions of its Ether holdings in February after its treasury strategy policy change last June.

    livechat

    The foundation wrote in its fresh treasury policy:

    We have, for a long time, simply held ETH, but are now increasingly moving into staking and DeFi, both to enhance financial sustainability and to support a key application category that is delivering on the promise of permissionless secure access to base civilizational infrastructure for millions of people today. 

    The EF staked 2,016 ETH, worth approximately $4.1 million in February, and then followed up with another 22,517 ETH, valued at about $46.1 million, in March. Now, data from Arkham Intelligence shows that the Ethereum Foundation has locked more than $143 million in ETH in the Ethereum Beacon Deposit Contract so far.

    As part of its updated strategy, the EF shared that it will periodically sell Ether to cover the deviation of the treasury’s fiat-denominated assets from the Opex Buffer. Most recently, the organization announced the completion of a 5,000 ETH sale in an over-the-counter deal.

    However, it appears that the foundation is now changing strategy by locking up its ETH to generate yield rather than selling to cover expenses. This move comes after significant pressure from the Ethereum community.

    Ethereum Price Overview

    The price performance of ETH has been a constant source of worry for the Ethereum community over the past few months. The second-largest cryptocurrency is currently 60% down from its all-time high price of $4,946 reached in August 2025.

    As of this writing, the price of ETH sits just above the $2,000 level, with no significant change in the past 24 hours. According to data from CoinGecko, the altcoin is up by more than 2% in the last seven days.

    Related Reading

    Ethereum
    The price of ETH on the daily timeframe | Source: ETHUSDT chart on TradingView

    Featured image from iStock, chart from TradingView



    Source link

    10web
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    CryptoExpert
    • Website

    Related Posts

    Dogecoin Could Be Setting Up For High-Beta Rally After Final Shakeout

    May 18, 2026

    Analyst Predicts Bitcoin And Ethereum Price For The Rest Of 2026, What To Expect

    May 18, 2026

    Bitcoin, Altcoins Turn Bearish As Inflation Worries Pressure Markets

    May 18, 2026

    Why most fail, and what actually works

    May 18, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    binance
    Latest Posts

    Dollar Rallies and Gold Slumps on Hawkish Fed Concerns

    June 11, 2026

    Visa ChatGPT integration enables AI agent retail purchasing

    June 11, 2026

    The Lazy Way I Make Money With AI (2026)

    June 11, 2026

    The Four Types of Memory Every AI Agent Needs

    June 11, 2026

    How to Make Your First AI Movie (Full Guide)

    June 11, 2026
    bybit
    LEGAL INFORMATION
    • Privacy Policy
    • Terms Of Service
    • Social Media Disclaimer
    • DMCA Compliance
    • Anti-Spam Policy
    Top Insights

    Metaplanet to Launch Bitcoin Yield Products by Acquiring Siiibo Securities

    June 12, 2026

    Bitcoin Price Just Entered The DCA Zone That Has Previously Triggered A 2,200% Rally To ATH

    June 12, 2026
    aistudios
    Facebook X (Twitter) Instagram Pinterest
    © 2026 BytecoreNews.com - All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.