Ethereum staking experiences a major change as validator exit queue diminishes

The Ethereum validator exit queue has declined to just 32 ETH, a 99.9% decrease from mid-September’s peak. This shift indicates reduced selling pressure as the entry queue rises to 1.3 million ETH, demonstrating growing staking interest.

BitMine has staked over 659,219 ETH, substantially impacting the staking landscape. The firm’s aggressive staking approach is reinforcing confidence in ETH’s long-term value, contributing to a healthier staking ecosystem.