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Over the past two weeks, the queue for exiting Ethereum staking has sharply increased. On May 2, the metric reached a local high above 530,000 ETH.
Analyst Jay Chek expects the trend of fund outflows from the DeFi segment to strengthen in the near future.
“[...] risk has shifted heavily toward zero returns. AI is getting better at finding vulnerabilities, so if you have serious capital tied up in such protocols, seriously think through your exit strategy,” he added.
#eth