The Ethereum PoS exit queue has surged to 2.63 million ETH, equating to about 12.3 billion USD. This indicates a strategic shift among stakers, influenced by lower staking yields and a major withdrawal from Kiln, amounting to 1.6 million ETH.
With the staking APR dropping to 2.84%, more ETH is exiting than entering the staking process. This trend reflects a shift towards DeFi opportunities, as protocols offer higher returns, ultimately repositioning capital within the Ethereum ecosystem.
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