The Ethereum Foundation is in the process of unstaking approximately $48.9 million worth of ETH, according to monitoring by Arkham. The foundation has deposited WSTETH into Lido's unstETH contract, which will convert to ETH once the unlocking process is complete. This move highlights the foundation's strategic management of its cryptocurrency assets.
Ethereum Foundation Unstakes $48.9 Million in ETH via Lido
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