The organization says the roughly $45 million in over-the-counter sales are part of a broader shift into wrapped liquid staking tokens and stablecoins while it continues to hold 82,500 ETH.
The Ethereum Foundation sold 20,000 ETH this week in over-the-counter sales worth about $45 million, according to the provided statement. The sales were described as part of a broader treasury restructuring, with the organization rotating funds into wstETH (wrapped liquid staking token) and stablecoins. It also said it still holds 82,500 ETH. Over-the-counter transactions are commonly used for large crypto trades to reduce disruption on public exchanges, while liquid staking instruments let holders keep exposure to staked Ethereum and maintain greater liquidity.