The post Ethereum (ETH) Weathers $1B Selloff as Foundation Nears Staking Milestone appeared on BitcoinEthereumNews.com.

Key Takeaways Ethereum Foundation has deposited 69,500 ETH into staking, leaving only 500 ETH to reach its 70,000 milestone More than $143 million worth of ETH is currently secured in the Beacon Deposit Contract ETH maintains trading activity around $2,050 with critical support established at $2,000 and resistance zones between $2,150–$2,200 Spot ETH ETFs experienced $42.1 million in net outflows during the past week, including $53.3 million from BlackRock Korean retail investors are accumulating, evidenced by a positive Korea Premium Index reading In a series of Friday transactions, the Ethereum Foundation (EF) deposited more than 45,000 ETH into staking contracts, with each transaction containing exactly 2,047 ETH. This substantial move elevated the foundation’s cumulative staked position to approximately 69,500 ETH — leaving just under 500 ETH remaining to achieve its publicly announced 70,000 ETH objective. Source: Arkham According to blockchain analytics platform Arkham Intelligence, Friday’s staking operations represented over $92.2 million in value. The foundation’s total holdings within the Ethereum Beacon Deposit Contract now exceed $143 million. This staking initiative launched in February 2025, following a treasury management strategy the foundation outlined in June 2025. The strategic shift aims to generate staking rewards that will finance protocol development, research initiatives, and ecosystem grant programs, eliminating the need to liquidate ETH holdings for operational expenses. Ethereum (ETH) Price The foundation’s staking timeline began with 2,016 ETH deposited in February, expanded to 22,517 ETH throughout March, and culminated with Friday’s substantial allocation. However, co-founder Vitalik Buterin has expressed reservations about this methodology. In January 2025, he highlighted that by staking its treasury, the foundation would effectively be compelled to align with one faction during any disputed protocol upgrades or hard forks. Foundation representatives acknowledge this concern and are actively exploring mitigation strategies. Price Action Maintains $2,000 Floor Amid Mounting Sell Orders ETH…

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Filed under: News - @ April 4, 2026 8:20 am