Crypto:
36638
Bitcoin:
$91.177
% 2.50
BTC Dominance:
%58.7
% 0.02
Market Cap:
$3.13 T
% 1.20
Fear & Greed:
28 / 100
Bitcoin:
$ 91.177
BTC Dominance:
% 58.7
Market Cap:
$3.13 T

Massive Move in Ethereum: 1 Million ETH Awaiting Unstaking

ethereum reserve

On the Ethereum network, the number of validators seeking to exit staking is rapidly increasing. More than 1 million ETH are currently queued for withdrawal from staking. This marks the largest validator exit in Ethereum’s 11-year history.

The surge in investors wishing to exit staking has also affected the network’s withdrawal period. A few weeks ago, the exit time was around 15 days, but it has now risen to 18 days.

Billions of Dollars in ETH on Hold

Approximately 1.05 million ETH are waiting in line for withdrawal, with a total market value exceeding $4.5 billion. Many investors are believed to be taking profits due to recent price increases and global financial uncertainties.

“In the Ethereum ecosystem, staked ETH secures transaction validation and block production. Therefore, the system allows withdrawals only gradually, to preserve network security.”

Entries Also Rising

Interestingly, despite record-high staking exits, the amount of ETH waiting to be staked is also significant. Recent data shows more than 723,000 ETH are queued for staking, with the entry period currently estimated at 12 days.

Ethereum’s Overall Status

  • Total ETH staked:6 million
  • Active validators: Over 1 million
  • ETH awaiting exit:05 million
  • ETH awaiting entry: 723,000

On the Ethereum network, the simultaneous surge in both record exit requests and high entry demand stands out. This situation reveals that while some investors prefer to take profits, others continue staking with long-term confidence in the ecosystem.

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