Summary
- The Ethereum Foundation reportedly staked Ethereum (ETH) worth about $46.2 million (about 70.1 billion won).
- The transaction was reported to be the largest-ever deposit by the Ethereum Foundation on a single staking basis.
- The market is reportedly watching for supply-demand shifts, as the foundation’s large-scale staking could stoke expectations of reduced circulating supply.
Forecast Trend Report by Period
The Ethereum Foundation has staked Ethereum (ETH) worth about $46.2 million (about 70.1 billion won), marking its largest deposit ever.
On the 30th, crypto-focused media outlet BSC News, citing on-chain data platform Arkham, reported that the Ethereum Foundation recently staked ETH worth about $46.2 million. The transaction is said to be the foundation’s largest single staking by amount.
Meanwhile, the market is watching for shifts in supply-demand dynamics, as large-scale foundation-level staking could fuel expectations of a decline in circulating supply.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
![[Market] Bitcoin Reclaims $67,000…Broad-Based Rebound Across the Market](https://media.bloomingbit.io/PROD/news/a629ebd6-9bb5-411d-a51d-d0ea3db4313e.webp?w=250)