🚨 Ethereum Foundation Unstaking $48.9M ETH

The Ethereum Foundation has initiated unstaking via Lido, converting wstETH to unstETH unlocking liquidity soon.

Does this mean a sell-off? Not necessarily… but considering their recent ETH sales, the market is watching closely

Smart money move or early distribution? Time will tell.

#Ethereum #CryptoNews #ETHUpdate #BlockchainNews #CryptoMarket $ETH

ETH

2,288.84

-0.12%