What Experts Say About Over $3.5 Billion Worth of ETH Waiting to Unstake in August
The post What Experts Say About Over $3.5 Billion Worth of ETH Waiting to Unstake in August appeared on BitcoinEthereumNews.com.
Ethereum (ETH) is only 2% away from its 2021 all-time high. However, selling pressure has already emerged, pushing its price back below $4,700. Additionally, a large amount of ETH is waiting to be unstaked in the second half of August, which could intensify selling pressure. Industry experts offer mixed opinions on how this upcoming wave of ETH could impact the market. ETH Unstake Queue Hits Four-Year High Staking on Ethereum is crucial to its Proof-of-Stake (PoS) consensus mechanism, introduced in 2022 after The Merge. To become a validator, users must stake at least 32 ETH, helping secure the network and earn rewards. However, the unstaking process isn’t always straightforward. After requesting an exit, validators must wait in a queue. Processing time depends on the number of pending requests. According to ValidatorQueue data, as of August 15, 767,536 ETH—worth over $3.5 billion—was in the queue to be unstaked, the highest level since May 2021. ETH Unstake Queue. Source: Validator Queue Yet, the market might not need to wait until all ETH in the queue is unstaked to feel the effects. The sheer size of the number already influences investor sentiment. Samson Mow, CEO of JAN3, believes negative sentiment could drive stronger selling pressure. He warns that ETH could face a deeper correction, with the ETH/BTC pair potentially dropping to 0.03 BTC or even lower. “And there’s the pullback. Ethereum still has to come down a lot more. There’s around $3B in ETH that is being unstaked right now, which is a tedious process (by design) whereby you have to queue first and then withdraw. Once the floodgates open, I expect ETHUSD to drop massively,” Mow said. His concern aligns with common market logic: a sudden supply surge typically hurts prices. Moreover, ValidatorQueue data shows that the ETH waiting to be staked…
Filed under: News - @ August 15, 2025 1:27 pm