About 519,000 ETH worth over $1.9 billion are currently in the exit queue from the Ethereum network — the highest level since January 2024, according to data.



Analysts say the outflow is likely due to stakers looking to lock in profits after ETH more than doubled in price since April.

The queue for validator activation has also grown, indicating strong demand for staking despite the exits.

What do you think — will they start unstaking Buterin too?
ETH2.16%
SAY-1.88%
MORE-2.64%
post-image
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.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)