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.
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.
The foundation wrote in its fresh treasury policy:
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.
Source: https://www.newsbtc.com/news/ethereum/ethereum-foundation-nears-70000-staked-eth-target-details/
