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The number of Ethereum validators has fallen back to April of last year, with the exit queue reaching a historical high.
[Coin World] The latest on-chain data shows that the number of Ethereum validators has fallen back to the levels of April last year. More notably, the queue time for those wishing to exit validation has set a new historical record.
This is a landmark signal - since Ethereum completed its PoS transition, the number of active validators has never experienced such a significant and sustained downward trend.
The exit queue is full, and the number of validators has significantly decreased. The market sentiment and changes in staking yields reflected behind this deserve continuous attention.