Ethereum validator exit queue hits $3.2B as ETH nears record high
The post Ethereum validator exit queue hits $3.2B as ETH nears record high appeared on BitcoinEthereumNews.com.
Validators are once again increasing the backlog of ETH waiting to be unstaked. The Ethereum validator queue jumped to a one-week high as the token rallied above $4,700. Ethereum validators are queueing to leave the Beacon chain, with the highest number of requests in the past week. The validator queue started growing in the past days, as ETH regained the $4,700 level and stood just below its all-time high. The new request for withdrawals came as ETH climbed from $3,800 to over $4,700. The ETH validator queue for withdrawals expanded again, while ETH climbed from $3,800 to over $4,700| Source: Validator Queue Validators have locked their tokens at a much lower price range for the most part, and some may want to lock in gains due to relatively slow annualized returns. Additionally, some of the unstaked tokens may be sent to specific leading validators or liquid staking protocols. The queue now holds 699,600 ETH, valued at over $3.2B, leading to a waiting time of over 12 days to unstake. The previous monthly peak did not prevent ETH from rallying, despite some pressure from whale sellers. More than 217K ETH were added to the queue just in the past two days. Since July 20, the queue to stake ETH has been smaller in comparison to the exit queue. The unstaking anomaly is the highest in a year, after months of relatively balanced activity. Only around 100K ETH are waiting to be staked. During the earlier stages of the ETH rally, both the entry and exit validator queues were on the rise. Now, the entry queue has diminished rapidly, as holders aim to retain their ETH as liquid as possible. ETH validator queue grows with price The recent ETH rally above $4,000 coincided with the sudden spike in withdrawal requests. Previously, smaller…
Filed under: News - @ August 14, 2025 4:30 pm