Arkham: Large-Scale ETH Unstaking by Ethereum Foundation Unlikely to Cause Short-Term Selling Pressure
According to ChainCatcher, the Ethereum Foundation has unstaked 21,271 ETH from Lido, triggering market panic. Arkham analyzed this move and suggested the foundation may be concerned about the security of third-party protocols. In addition, the foundation has recently sold ETH several times and may have treasury rebalancing needs, which generally does not lead to immediate dumping.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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