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Apr 26, 2026

Ethereum Foundation Unstakes ~$49M in ETH Through Lido Days After OTC Sale, Fueling Sell-Off Fears

On April 26, 2026, the Ethereum Foundation deposited 17,035 wstETH into Lido's unstETH contract — just short of its 70,000 ETH staking target and days after its Bitmine sale — sparking community speculation about an impending sell-off. No confirmed sale had occurred at time of reporting.

Apr 26, 2026·4 sources
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Top claims

  • ▪The 17,035 ETH unstaked by the Ethereum Foundation was worth approximately $40 million
  • ▪The Ethereum Foundation's staking strategy was formally established in June 2025
  • ▪One Ethereum Foundation unstaking transaction involved 219.461 wstETH equaling $623,140

Topics

Ethereum FoundationEthereum staking & validatorsLiquid stakingCrypto market sentimentDeFiEthereum Foundation treasuryEthereum Foundation in transition (2026)Ethereum

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