Overview

• The exit queue stands at nearly 693,000 ETH, about $2.6 billion, awaiting withdrawal with average wait times near 12 days.
• Spot Ether ETFs have recorded net inflows for 15 straight days, accumulating over $20.7 billion in assets.
• Ether’s price rebounded from around $3,550 earlier this week to about $3,760 as ETF demand countered sell pressure.
• Everstake alongside Ark Invest’s Cathie Wood attribute the withdrawal surge to strategic stake management rather than network distress.
• The entry queue swelled from roughly 147,000 ETH in mid-July to a peak of 435,000 ETH before easing to 326,000 ETH, indicating continued staking interest.