Ethereum Validator Exit Queue Hits 521,000 ETH Amid Record-High Waiting Times and Growing Entry Demand
Main Idea
The Ethereum validator exit queue has reached a record high of 521,000 ETH, with a waiting period of 8-9 days, while the entry queue also grows, reflecting contrasting market trends of profit-taking and institutional interest.
Key Points
1. The Ethereum validator exit queue has surged to around 521,000 ETH (approximately $1.9 billion), with a waiting period of 8-9 days, the longest since early 2024.
2. The entry queue has also increased, with over 359,500 ETH (about $1.3 billion) pending activation, facing an estimated six-day delay.
3. The rise in exit requests reflects profit-taking by stakers following Ethereum's 162% price increase, while the growing entry queue indicates institutional interest.
4. Companies like SharpLink Gaming and BitMine Immersion have expanded their ETH stakes, contributing to the rising entry queue.
5. These trends highlight the evolving dynamics of Ethereum staking, balancing profit realization and new investments.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Data from The
Latest News
- UAE Yacht Maker Gulf Craft Explores Accepting USDT Stablecoin Payments Amid Growing Crypto Adoption2025-07-23 22:46:48
- Ether Could See Increased Institutional Demand Amid New US Crypto Laws and Potential Staking ETFs2025-07-23 22:46:29
- Roman Storm’s Tornado Cash Trial Sees IRS Testimony Suggesting Possible Control Over Funds2025-07-23 22:29:39
- BitMEX Founder Arthur Hayes Suggests Ethereum Could Potentially Reach $10,000 This Year2025-07-23 22:29:24
- FTX Recovery Trust Sets August 15 Record Date for Potential Next Creditor Distribution2025-07-23 22:28:15