Arkham: Ethereum Foundation's Large ETH Unbonding Will Not Cause Short-Term Selling Pressure
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BlockBeats News, May 12th - Yesterday, the Ethereum Foundation unstaked 21,271 ETH from Lido, triggering market panic.
Arkham's analysis suggested that the Foundation's move might be due to security concerns regarding the third-party protocol. Additionally, recent ETH sales indicate a treasury rebalancing need, which would not typically cause immediate selling pressure.
Source: BlockBeats
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