The post Ethereum PoS under pressure as exit queue hits $12B ATH: What’s going on? appeared on BitcoinEthereumNews.com.

Key Takeaways Why did Ethereum’s TVS drop by 150k ETH this week? Most of the decline stems from the surge in the exit queue, which jumped to 2.63 million ETH. Meanwhile, Kiln pulled 1.6 million ETH after the SwissBorg hack.  Does the spike in the exit queue signal a weakness in ETH? With staking APR falling to 2.84%, capital is rotating into higher-yield DeFi opportunities, meaning the exit queue reflects strategic repositioning. Ethereum’s [ETH] PoS network posted its largest weekly drawdown in Total Value Staked (TVS). Nearly 150k ETH left staking, bringing TVS to 36 million. According to AMBCrypto, several factors are driving this shift. Ethereum PoS network sees validator queues reshuffle Most notably, Ethereum’s exit queue has surged to 2.63 million ETH ($12.3 billion) with a 45-day wait, up from just 616k ETH a week ago. Contextually speaking, that’s about 2,014,000 ETH, which is roughly a 327% increase in one week. Meanwhile, the entry queue has dropped to 597k ETH ($3 billion) from 823k, with an 11-day delay. That’s a clear net-exit outlook. Simply put, more ETH is lining up to leave staking than enter it, which is pulling TVS lower. Source: Validatorqueue Kiln drives exit surge However, this surge isn’t a signal of weak conviction. Instead, the 2 million ETH spike in Ethereum’s exit queue this week was largely driven by Kiln (a professional ETH staking provider) pulling 1.6 million ETH of validator nodes after the SwissBorg hack. Statistically, Kiln’s withdrawal accounts for roughly 61% of Ethereum’s current exit queue. This means most of the spike is rotational rather than a true network exit. In other words, a “temporary” shuffle of staked ETH. Ethereum yields cool, DeFi feels the shift Ethereum’s TVS hit a record high in early August at 3.26 million ETH. However, the ripple effects soon…

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Filed under: News - @ September 15, 2025 10:27 pm