The Ethereum Foundation has staked approximately $46.2 million worth of ETH in its largest single deposit to date, according to on-chain data.
The move significantly advances its plan to stake around 70,000 ETH, following an initial $3.8 million deposit made in February as part of a broader treasury strategy.
The shift toward staking reflects a move away from selling ETH to fund operations, instead generating yield while maintaining its holdings.
By locking ETH into validators, the Foundation can earn staking rewards to support research, development and ecosystem grants without adding sell pressure to the market.
The staking programme uses distributed validator infrastructure to enhance security and reduce risks associated with centralisation.
Ethereum currently has over 38 million ETH staked, representing about 30% of its circulating supply, highlighting growing participation in network validation.
The record deposit comes amid recent price volatility, signalling long-term commitment to the network as the Foundation allocates capital toward securing Ethereum rather than preserving liquidity.
At the time of reporting, Ethereum price was $2,059.65.