Ethereum validator exit queue surges… 521,000 ETH awaiting withdrawal

YM Lee

Summary

The Block reports that amid the recent surge in Ethereum (ETH) prices, the validator exit queue has extended to 8–9 days.
Currently, about 521,000 ETH is awaiting withdrawal from the network, marking the longest exit queue since 2021.
Additionally, the validator activation queue is at 359,500 ETH, leading to an activation delay of approximately 6 days.

Recently, as the price of Ethereum (ETH) has surged, the validator node exit queue has increased sharply.

According to The Block on the 23rd (local time), the sudden spike in Ethereum validator node exit withdrawals has pushed the queue out to an unprecedented 8–9 days. Currently, approximately 521,000 ETH are waiting to be withdrawn from the network.

ValidatorQueue data shows that this is the first time the exit queue has reached 8–9 days since 2021. The entry queue for validators awaiting activation stands at 359,500 ETH, resulting in around 6 days of activation delay.

Ethereum validators lock up and stake ETH to help secure the network. Validators propose new blocks and attest to the validity of others, earning ETH rewards in the process.

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