On-chain analytics platform Arkham published an article on its X platform stating that the Ethereum Foundation has unstaking approximately $48.9 million worth of ETH. Tracking data shows that the Ethereum Foundation has deposited WSTETH into the unstETH contract on Lido, and will receive the corresponding ETH upon completion of the unlocking process. Market focus is on whether the Ethereum Foundation will further sell the ETH released from this unstaking. Previously, the Ethereum Foundation has repeatedly sold ETH for operational fund management, raising ongoing concerns about potential selling pressure.