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
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