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Why did Ethereum Foundation unstake $40M in ETH? – TON BOT

Why did Ethereum Foundation unstake $40M in ETH?

The Ethereum Foundation unstaked 17,035 ETH worth $40 million after nearing its 70,000 ETH staking goal. The foundation deposited wrapped staked ETH into Lido’s unstETH contract and awaits ETH after the withdrawal queue completes. Market users questioned a possible sale, but the foundation has not provided an explanation yet.


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