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Ethereum Foundation unstaked $50M ETH, sparking selloff concerns but price stays steady near $2,300.

Protocol Fundamentals
11 May 2026
Coingape
View Source
Neutral
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The Ethereum Foundation unstaked over $49 million worth of ETH through Lido, raising concerns about a potential selloff. However, experts believe this move is part of routine treasury rebalancing rather than an immediate market sale. The ETH price remained stable around $2,300 despite the large unstaking. This activity reflects the Foundation's ongoing management to maintain liquidity for ecosystem development and operational costs.

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