On Friday, April 3, the Ethereum Foundation staked over 45,000 Ether (ETH) tokens on the sharp contract platform. This latest staking action brings the total amount of ETH locked by the foundation to approximately 69,500 coins, which is approximately 500 Ether less than the foundation’s target of 70,000 ETH staked.
The Ethereum Foundation stakes 45,000 Ether in one day
According to data from Arkham IntelligenceThe Ethereum Foundation continues to stake its coins and is now on the cusp of reaching its target amount of 70,000 ETH staked. This milestone came on Friday after a series of transactions totaling 45,000 ETH, each consisting of 2,047 ETH, pushed the foundation towards Friday’s goal.
Blockchain analytics data shows that over $92.2 million worth of ETH transfers went from the Ethereum Foundation vault to the Ethereum Beacon custodial contract for staking. The Foundation began investing some of its resources in Ether in February, following a policy change on its treasury strategy last June.
The Foundation wrote in its up-to-date fiscal policy:
For a long time we simply held ETH, but now we are increasingly moving to staking and DeFi, both to boost financial stability and to support a key category of applications that delivers on the promise of secure permissionless access to the basic infrastructure of civilization for millions of people today.
In February, EF staked 2,016 ETH worth approximately $4.1 million, and then in March, it staked another 22,517 ETH worth approximately $46.1 million. Now, data from Arkham Intelligence shows that the Ethereum Foundation has so far locked up over $143 million in ETH via the Ethereum Beacon deposit agreement.
As part of its updated strategy, EF said it will sell Ether periodically to cover the deviation of its fiat-denominated treasury assets from its operating buffer. Recently, organization announced the end selling 5,000 ETH in an OTC transaction.
However, the foundation now appears to be changing its strategy, locking up its ETH to generate profit rather than selling to cover expenses. This move comes after significant pressure from the Ethereum community.
Etherum Price Overview
The ETH price situation has been a constant source of concern for the Ethereum community over the past few months. The second-largest cryptocurrency is currently down 60% from its all-time high of $4,946 reached in August 2025.
At the time of writing, ETH is trading just above the $2,000 level, with no significant changes over the past 24 hours. According to CoinGecko data, the altcoin has increased by over 2% in the last seven days.
Featured image from iStock, chart from TradingView
