Overview
- Beaconcha.in data shows about 32 ETH waiting to exit with roughly a one‑minute wait, down 99.9% from the mid‑September peak near 2.67 million.
- The validator entry queue has climbed to around 1.3 million ETH, its highest level since mid‑November, signaling renewed staking demand.
- BitMine added 186,336 ETH in recent hours to bring its total staked to about 779,488 ETH, while its overall holdings exceed 4.1 million ETH.
- ETH is holding above the $3,100–$3,200 area after a roughly 2% daily gain, as derivatives volume rose about 53% and open interest edged higher.
- Analysts cite the near‑zero exit line and decade‑low exchange reserves as signs of reduced near‑term sell pressure, with validators remaining active and earning until they exit.