The ETH validator queue suddenly doubles the withdrawal queue.

TapChiBitcoin
ETH2,32%

Ethereum staking queue has reversed for the first time in 6 months, indicating a strong resurgence in ETH locking demand. Currently, approximately 745.619 ETH are queued for staking with an average wait time of nearly 13 days, almost double the 360.518 ETH waiting to be withdrawn from the network. The reversal occurred over the past weekend, and the queue to join continues to grow rapidly, while the withdrawal queue is forecasted to drop to 0 by 01/03.

According to Abdul, Head of DeFi at Monad, the withdrawal queue is an early indicator of selling pressure for ETH, and its decline could help cool the market. He estimates that about 5% of the ETH supply has changed hands since July, mostly absorbed by BitMine and staked.

Some opinions suggest that digital asset treasury companies accumulating ETH, along with the Pectra upgrade improving staking experience and DeFi leverage reduction activities, are key factors driving this trend.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

ETH breaks through 2300 USDT, up 2.48% over the past 24 hours

Gate News message, April 11, according to market data, ETH breaks through 2300 USDT, currently reported at 2300.09 USDT, with a 24-hour increase of 2.48%.

GateNews3h ago

ETH 15-minute surge of 1.44%: ETF inflows returning and short liquidations triggering a quick spike

From 2026-04-11 18:30 to 2026-04-11 18:45 (UTC), ETH’s 15-minute return recorded +1.44%, with a price range of 2263.12 to 2312.65 USDT and a range amplitude of 2.19%. After a surge with heavy short-term volume, market attention rose rapidly, and volatility increased significantly. The main driving force behind this move is a strong reversal in ETF fund flows and a synchronized liquidation of derivatives market shorts. Specifically, on April 10, the ETH spot ETF recorded a net inflow of $114 million—its largest in three months—

GateNews3h ago

ETH breaks through 2300 USDT

Gate News bot message, Gate market shows, ETH breaks through 2300 USDT, current price is 2300.6 USDT.

CryptoRadar3h ago

ETH 15-minute rally up 0.70%: Shorts liquidated and on-chain capital inflows converge to lift prices

2026-04-11 16:30 to 16:45 (UTC), ETH’s return rate was +0.70% within 15 minutes, with a price range of 2246.84 - 2273.89 USDT and a swing of 1.20%. During this period, market attention increased, with on-chain activity and trading volume rising in tandem, and volatility amplifying in the short term. The main driving factor behind this abnormal move is that short-side funds in the derivatives market were forced to stop losses. According to data across the network, the funding rate was -0.002%, indicating short positions have the upper hand; however, the ETH short liquidation amount ($8.89M) was significantly higher than

GateNews5h ago
Comment
0/400
No comments