Ethereum Reclaims $1,900 as the Foundation Commits 70,000 ETH to Network Staking

Jakarta, Pintu News – The Ethereum Foundation stated on Tuesday (Feb. 24) that they have officially started the internal staking process and plan to stake 70,000 ETH in the next few weeks as part of theirtreasury policy.

This move triggered massive buying in the derivatives market as open interest figures soared. Then, how will the Ethereum (ETH) price move today?

Ethereum Price Up 4.57% in 24 Hours

On February 25, 2026, Ethereum showed strong momentum, climbing 4.57% over the last 24 hours to reach $1,921—approximately IDR 32,417,176. It was a volatile but positive day for the asset; after hitting a 24-hour low of IDR 30,491,720, ETH rallied to a peak of IDR 32,586,754.

While Ethereum’s total market capitalization currently sits at IDR 3,930 trillion, trading activity has quieted slightly, with daily volume dipping 5% to IDR 458.98 trillion.

Read also: Bitcoin Hits $66,000: A Look at Historical Trends to Predict the Next Breakout

Ethereum Foundation Staking 2016 ETH

The Ethereum Foundation/EF has started staking a portion of its treasury, according to an official blog post on February 24. The foundation is staking 2,016 ETH worth $3.8 million as part of a larger plan to stake a total of 70,000 ETH, to generaterewards that will be allocated back to the EF treasury.

The foundation has chosen Attestant’s Dirk and Vouch to run the ETH staking process. Dirk serves as adistributed signer, allowing operation by individuals in different countries while ensuring no single failure can stop the validation process.

On the other hand, Vouch supports various Beacon Client and Execution Client pairs to mitigate clientdiversity risk.

The Ethereum Foundation revealed that it uses minority clients as well as a combination of hosted infrastructure andself-managed hardware in some jurisdictions. In particular, the treasury policy focuses on financial stability and operational efficiency, capping annual spending at 15% of total cash assets and gradually reducing it by 5%.

“We are excited to take this important step, which helps secure the Ethereum network while funding EF’s core operations and activities, including protocol R&D, ecosystem development, community grant funding, and more,” the foundation said.

In the latest “Voice of web3” podcast, Ethereum Foundation Head of Ecosystem, James Smith, explains how Ethereum is positioning itself as a neutral, long-term global infrastructure, rather than simply chasing short-term crypto adoption trends.

Ethereum Futures Open Interest Bounces Back

ETH prices fell by 5% on February 24 amid the broader crypto market crash, and are currently trading at $1,820. The 24-hour low and high (2/24) were at $1,813 and $1,935 respectively. Trading volumes increased by almost 14% on the day, indicating a rise in interest among traders.

Read also: Vitalik Buterin Releases $7 Million Worth of ETH as Ethereum Price Plummets 30%

The price slumped amid ETH sell-offs by Vitalik Buterin and the whales. Over the past 3 days, Vitalik was observed to have sold 3,788.57 ETH worth $7.3 million. Cumulatively, he has sold a total of 10,723 ETH worth $21.74 million so far this month.

However, Ethereum futures open interest (OI) jumped 0.40% in 4 hours and 0.22% in one hour to $23.43 billion after the Ethereum Foundation announced their initial staking deposit.

Data from Coinglass shows buying activity on major exchanges such as Binance, OKX, KuCoin, and Coinbase. This signals a positive sentiment among derivatives traders.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• CoinGape. Ethereum Foundation Begins Staking 70,000 ETH, Futures Open Interest Bounces. Accessed on February 25, 2026