After the BitMine BitSale, The Ethereum Foundation increased its stakes in Ether. This is its biggest move yet.
The foundation’s multisignature treasury wallet made 11 deposits of approximately 2,047 Ether each into the Ethereum Beacon deposit contract on Monday.ETHThe total value of the tokens is approximately $46.2 Million. according Arkham Intelligence has provided data on the following topics.
Ethereum Foundation started staking ETH In February, the company deposited 2,016 ETH with plans to stake as much as 70,000 ETH. The rewards will be reinvested in research, ecosystems and grants.
This month the foundation also made a deposit of 31 ETH, increasing its total staked assets to approximately 24,564. It is now staking in order to earn a return, instead of relying solely on periodic sales.
Related: Ethereum builders propose ‘economic zone’ to tackle L2 fragmentation
EF Sells 5,000 ETH To BitMine In OTC Deal
After completing an OTC (over-the-counter) sale, the EF made a new stake move. 5,000 Ether to BitMine Immersion TechnologiesThe foundation said proceeds would support core operations, including protocol research, ecosystem growth and community grants. The proceeds of the sale would be used to support foundation operations such as protocol research, ecosystem development and grants for communities.
This transaction is marked. foundation’s second direct OTC sale Following a SharpLink Gaming sale of 10,000 Etherum in July 2025, the company will sell to a corporate purchaser.
Arkham estimates that the EF holds approximately $361 million worth of onchain assets. The vast majority (roughly $360.8 millions) is held on Ethereum, while small amounts are spread across other networks such as Arbitrum, Optimism, and Bitcoin.
Related: Ethereum risks losing No. 2 spot as stablecoins gain ground
Price of Ether is expected to fall further
Ether has fallen below the $2000 level in the past weekend. raising the risk There is a possibility of an even deeper correction. Analysts, including Onur, CryptoWZRD and Ted Pillows, pointed to repeated failures at $2,200 and weakening momentum, with some warning ETH could fall toward the $1,750–$1,850 range.
Ether’s demand is also down, reaching its lowest level for 16 months. according Capriole Investments
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Source: cointelegraph.com
