Well folks, hold onto your wallets! The Ethereum Foundation has decided to play it smart-real smart. Instead of going on a wild ETH selling spree like it did in the past (because, you know, who needs controversy?), it’s staking a whopping 70,000 ETH. Today, they’ve already tossed 2,016 ETH into the staking pool as the opening act of this grand spectacle. The best part? All those sweet staking rewards are going straight back to the EF treasury. That’s right, no ETH is being sold off-just pure, protocol-native yield pouring into the coffers. Talk about a glow-up!
At today’s ETH prices (you know, the ones that make you question your life choices), that 70,000 ETH stash is worth a cool $128 million-locked away in validators. No more selling off the family jewels on the open market! These rewards will fund R&D for the Ethereum protocol, ecosystem growth, and-wait for it-community grants. So much for the old “dump and run” method, eh?
Why Ethereum Foundation Is Staking Instead of Selling ETH (Finally, Some Sense!)
Oh, the drama! The Ethereum Foundation, bless their hearts, sold a ton of ETH in 2025-about 36,000 ETH through CoW Swap. And guess what? The community wasn’t exactly thrilled. In fact, it was downright salty. Then came the October 2025 panic attack, when a $650 million wallet transfer had the masses fearing the worst: a dump of ETH. But fear not! Hsiao-Wei Wang, the co-executive director, stepped in to calm the storm, explaining that it was all part of a planned migration. Phew, crisis averted!
But wait, here’s where it gets interesting: staking. This time, they’re putting their money where their mouth is, and the ETH is staying put. With the CoinDesk Composite Ether Staking Rate (CESR) currently sitting at a modest 2.808%, the Ethereum Foundation will rake in around $3.6 million annually from staking-without selling a single token. That’s right, $3.6 million, just sitting there, quietly growing, as the Ethereum ecosystem continues its quest for world domination. Oh, and the best part? No controversy. Nada.
How the EF Built Its Validator Setup (Not Your Average Tech Stack)
The Ethereum Foundation isn’t just throwing ETH at random validators. Oh no, they’re taking the high road with open-source tools Dirk and Vouch, courtesy of Attestant. Dirk’s job is to spread the signing duties across multiple jurisdictions to ensure that no single point of failure ruins their day. Vouch, meanwhile, plays matchmaker, making sure the validators play nice together and reduce client diversity risks. Sounds fancy, huh?
And just to sprinkle a little more magic dust on this setup, they’ve got minority clients running across both hosted and self-managed hardware scattered in multiple countries. It’s like the Ethereum Foundation is creating a little global army to defend their precious ETH. No big deal.
The Ethereum Foundation had this to say:
“We are excited to take this important step, which helps secure the Ethereum network and at the same time fund the EF’s core operations & activities, including protocol R&D, ecosystem development, community grant funding and more.”
What 70,000 ETH Off the Market Means for Ethereum Price (Hold Your Horses!)
Now, here’s where things get a little spicy. The Ethereum Foundation’s decision to stake a huge chunk of ETH comes at the same time that co-founder Vitalik Buterin is doing the opposite-selling ETH like it’s a yard sale. In February alone, Vitalik sold 10,700 ETH worth about $21.7 million. Classic Vitalik, am I right?
As of now, ETH is trading at around $1,821, which is down a whole 37% in the last month (talk about a rollercoaster!). But here’s the kicker: Arkham Intelligence reports that the EF still holds 172,650 ETH and 10,000 WETH. By staking the full 70,000 ETH, they’ll be locking up about 38% of their total ETH stash. That means less ETH floating around for sale, and less recurring sell pressure on the market. Who knew that staking could actually help Ethereum’s price? A little unexpected twist, eh?
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2026-02-24 15:06