Ether Staking Heats Up As Entry Queue Hits 1.3 Million ETH

According to Beaconcha.in data and market reports, the Ethereum validator exit queue has shrunk to just 32 ETH, with a wait time of about one minute. That is a steep drop from its mid-September peak of 2.67 million ETH — a fall of almost a hundred percent. Markets often react when locked assets are freed up for sale. Right now, that specific source of immediate selling seems to have faded. Related Reading: Crypto Users Lose Far Less To Phishing As Losses Drop 83% – Details Validator Exit Queue Near Empty The exit mechanism limits how fast validators can stop validating and pull out their full stake. With the queue near zero, there is no backlog waiting to cash out. That reduces one form of nervous selling. Validators still earn rewards while queued and can face penalties if they act badly, but the bottleneck that once forced slow exits is gone....

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