Crypto & Web3
impact 15
Ethereum Foundation unstakes 17K ETH after nearing 70K staked ETH milestone
Ethereum Foundation unstakes 17K ETH after nearing 70K staked ETH milestone The Ethereum Foundation unstaked over 17,000 ETH worth $40M shortly after approaching its 70,000 ETH staking target.
Why it matters
A useful signal for anyone monitoring foundation. The ethereum factor makes this more consequential than it first appears.