CoinWorld reports that the Ethereum validator exit queue has dropped to nearly zero, with only 32 ETH waiting to exit, a 99.9% decrease from the peak in September last year. Meanwhile, the number of ETH in the queue has risen to 1.3 million, the highest since mid-November last year. Analysts point out that the queue reaching zero indicates reduced validator sell pressure, while institutions like BitMine are accelerating the use of Ethereum for staking, demonstrating increased market confidence in long-term holding.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
CoinWorld reports that the Ethereum validator exit queue has dropped to nearly zero, with only 32 ETH waiting to exit, a 99.9% decrease from the peak in September last year. Meanwhile, the number of ETH in the queue has risen to 1.3 million, the highest since mid-November last year. Analysts point out that the queue reaching zero indicates reduced validator sell pressure, while institutions like BitMine are accelerating the use of Ethereum for staking, demonstrating increased market confidence in long-term holding.