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Ethereum Foundation Nears 70,000 ETH Staking Goal with Recent Addition
The Ethereum Foundation has staked over 45,000 ETH, valued at more than $92.2 million, as of Friday. According to Cointelegraph, this move brings the foundation's total staked ETH to approximately 69,500, leaving it less than 500 ETH short of its 70,000 ETH target. Arkham Intelligence data highlights that the foundation initiated staking in February as part of a treasury strategy aimed at utilizing yield to support protocol research, development, and ecosystem grants.
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