The Ethereum Foundation has staked 22,517 Ether, worth approximately $46.2 million, in its largest single treasury staking operation to date. This move accelerates a strategy shift toward generating yield from staking rewards, following a recent $10.2 million over-the-counter Ether sale to BitMine Immersion Technologies. Meanwhile, Ether’s price has fallen below $2,000 amid analyst warnings of a potential deeper correction.
The Ethereum Foundation deployed $46.2 million worth of Ether into staking contracts this week. This marks its largest staking transaction since initiating the program in February with plans to stake up to 70,000 ETH.
The foundation’s treasury made 11 deposits, each of roughly 2,047 ETH, into the Ethereum Beacon Deposit Contract, according to data from Arkham Intelligence. Its total staked holdings now stand at roughly 24,564 ETH as it shifts from periodic sales to staking for yield.
This staking push follows an over-the-counter sale of 5,000 Ether to BitMine Immersion Technologies. The foundation stated proceeds from the $10.2 million sale would support core operations, including protocol research and grants.
The transaction was the foundation’s second direct OTC sale to a corporate buyer. It previously sold 10,000 ETH to SharpLink Gaming in July 2025.
The EF’s onchain asset holdings are approximately $361 million, according to Arkham data. The vast majority, roughly $360.8 million, is held in Ether on the Ethereum network.
Concurrently, Ether’s price has dropped below the $2,000 level. Analysts including Onur, CryptoWZRD and Ted Pillows point to repeated failures at $2,200 and weakening momentum.
Some analysts warn ETH could fall toward the $1,750–$1,850 range. Demand for Ether has also turned negative, hitting its lowest level in 16 months, according to Capriole Investments.
