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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?