Ethereum Foundation accelerates staking efforts with major ETH deposits after completing an over-the-counter sale.
The Ethereum Foundation recently deployed $46.2 million in Ether across 11 deposits into the Ethereum Beacon Deposit Contract, marking its largest staking move to date.
Each deposit consisted of roughly 2,047 ETH, totaling 22,517 tokens, as reported by Arkham Intelligence.
Ethereum Foundation's Staking Strategy
The foundation began staking ETH in February with an initial deposit of 2,016 ETH and has now outlined plans to stake up to 70,000 ETH, with rewards directed toward research, ecosystem development, and grants.
Earlier this month, the foundation added a smaller tranche of 31 ETH, bringing the total staked holdings to approximately 24,564 ETH.
This acceleration follows an over-the-counter sale of 5,000 ETH to BitMine Immersion Technologies for about $10.2 million, with proceeds supporting core operations like protocol research and community grants.
The sale marks the foundation's second direct OTC transaction, after selling 10,000 ETH to SharpLink Gaming in July 2025.
The Ethereum Foundation currently holds about $361 million in onchain assets, primarily in ETH on the Ethereum network, along with smaller balances on platforms like Arbitrum and Optimism, according to Arkham.
