Source: Criptonoticias
Original Title: The ETH staking exit queue dropped near zero, what does it mean for its price?
Original Link: https://www.criptonoticias.com/tecnologia/eth-staking-precio-ethereum/
2.6 million ETH are waiting to enter network staking.
Staking reached an all-time high with over 36 million ETH locked.
The Ethereum staking exit queue (ETH) has decreased to almost zero, with only 64 ETH pending withdrawal, equivalent to about USD 211,200, suggesting a significant drop in potential selling pressure.
This metric reflects how many ethers are waiting to leave staking to become liquid again. When this number is low, it indicates that few validators are seeking to withdraw and sell their funds, which can be interpreted as a sign of greater confidence in the asset and the performance offered by the protocol.
The ETH queue to enter staking is decreasing while the exit queue is rising.
This data becomes even more relevant when observed alongside a historic high in Ethereum staking. Currently, more than 36 million ethers remain locked as collateral to secure the network, reducing the circulating supply available in the market.
At the same time, the entry queue for staking shows an opposite trend. Nearly 2.6 million ethers are waiting to be incorporated into the system, indicating that new participants are seeking to lock ETH to participate as network validators and to earn yields.
Together, an almost zero exit, a record volume of ETH locked, and strong demand to enter staking create a scenario of lower liquid supply. If this dynamic persists, it could act as a support factor for ether’s price by reducing selling pressure and reinforcing its profile as an asset that generates returns within the ecosystem.
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.
The ETH staking exit queue dropped close to zero, what does it mean for its price?
Source: Criptonoticias Original Title: The ETH staking exit queue dropped near zero, what does it mean for its price? Original Link: https://www.criptonoticias.com/tecnologia/eth-staking-precio-ethereum/
The Ethereum staking exit queue (ETH) has decreased to almost zero, with only 64 ETH pending withdrawal, equivalent to about USD 211,200, suggesting a significant drop in potential selling pressure.
This metric reflects how many ethers are waiting to leave staking to become liquid again. When this number is low, it indicates that few validators are seeking to withdraw and sell their funds, which can be interpreted as a sign of greater confidence in the asset and the performance offered by the protocol.
The ETH queue to enter staking is decreasing while the exit queue is rising.
This data becomes even more relevant when observed alongside a historic high in Ethereum staking. Currently, more than 36 million ethers remain locked as collateral to secure the network, reducing the circulating supply available in the market.
At the same time, the entry queue for staking shows an opposite trend. Nearly 2.6 million ethers are waiting to be incorporated into the system, indicating that new participants are seeking to lock ETH to participate as network validators and to earn yields.
Together, an almost zero exit, a record volume of ETH locked, and strong demand to enter staking create a scenario of lower liquid supply. If this dynamic persists, it could act as a support factor for ether’s price by reducing selling pressure and reinforcing its profile as an asset that generates returns within the ecosystem.