The Ethereum Foundation reportedly staked $46 million worth of ether (ETH) earlier today, the largest amount of the token the foundation has staked in a single day.

According to data from Arkham Intelligence, the foundation's treasury wallet sent 22,517 ETH to an address marked as an ETH2 Beacon Deposit Contract at around 1:38 a.m. on Monday, ET. The recipient address is a smart contract on Ethereum that stakes ETH to the Beacon Chain.

"This is more ETH than they have ever staked before," Arkham said in a post on social media platform X. According to Arkham data, the foundation still holds 147,471 ETH, worth about $302 million, in its treasury.

The nonprofit organization began staking portions of its ether treasury last month, when it staked 2,016 ETH. The staking aligns with the foundation's treasury policy announced in 2025, where it said it would actively deploy treasury assets to generate additional returns.

"We are excited to take this important step, which helps secure the Ethereum network and at the same time fund the EF's core operations and activities, including protocol R&D, ecosystem development, community grant funding, and more," the foundation said in an X post last month.

As the foundation ramped up its staking activity to support the network's long-term growth, Ethereum co-founder Vitalik Buterin also sold around 17,196 ETH in February. Buterin previously said that he would use the funds across the coming years to develop "open-source, secure and verifiable full stack" of software and hardware across different sectors, including finance and governance.

Ethereum was trading at $2,045, up 2% in the past 24 hours leading up to 2:48 a.m. on Monday, according to The Block's crypto price page. It climbed 6.6% in the past 30 days.