The Ethereum Foundation has successfully completed its 70,000 ETH staking target, depositing $93 million worth of ether in a single day on April 3, 2026. This brings their total staked position to approximately $143 million, representing a strategic shift from regularly selling ETH to earning staking yield of an estimated $3.9-5.4 million annually. The foundation still holds over 100,000 unstaked ETH but has not announced plans for additional staking beyond the initial commitment.

This development comes as ETH trades at $2,046-$2,059, down 4.3% over the past week but up roughly $230 compared to one year ago. The staking initiative marks a significant change in the foundation's treasury management strategy, moving from liquid ETH sales to yield-generating positions.