Ethereum Staking Data Points to $4,000 Target
The post Ethereum Staking Data Points to $4,000 Target appeared on BitcoinEthereumNews.com.
Ethereum’s validator exit queue hits near zero as staking demand surges, BitMine accumulates ETH, and investors target a $4,000 breakout. The Ethereum network is witnessing a major change in how investors handle their digital assets. According to on-chain data, there has been a massive clearing of the validator exit queue. For context, this queue is a mechanism that controls how quickly participants can stop securing the network and withdraw their funds. For the first time in months, the backlog has effectively vanished. This means that almost no one is waiting to pull their assets out of the system. Ethereum Staking Demand Surges as Exits Dry Up Data from Beaconcha.in reveals that the exit queue currently sits at just 32 Ether. This is a staggering 99.9% drop from the peak of 2.67 million ETH seen in mid-September. At that time, many validators were looking to free up their assets to sell or rebalance their portfolios. Today, the wait time to exit is roughly one minute. This suggests that selling pressure from long-term holders has almost entirely dried up. Ethereum’s staking exit queue has hit near-zero levels | source: X On the other side of the ledger, the entry queue has hit its highest point since mid-November. More than 1.3 million ETH is now waiting to join the network and start earning rewards. BitMine and the “Alchemy of 5%” Strategy BitMine Immersion Technologies, led by Chairman Tom Lee, the former J.P. Morgan strategist, has been dominating the conversation around this shift. BitMine was once focused mainly on Bitcoin mining, but it has now become the world’s largest public Ethereum treasury. The company is currently chasing a goal it calls the “Alchemy of 5%.” It aims to own 5% of the entire circulating Ethereum supply. As of this week, BitMine holds roughly 4.1…
Filed under: News - @ January 7, 2026 1:28 am