Overview
- Beaconcha.in data shows the validator exit queue at about 32 ETH, a 99.9% drop from September’s peak, with exits processing in roughly one minute.
- The validator entry queue has climbed to around 1.3 million ETH, the highest since mid‑November, signaling renewed demand to stake.
- BitMine, chaired by Tom Lee, has staked more than 659,000 ETH since late December and holds over 4.1 million ETH, highlighting growing institutional influence over staking flows.
- ETH is holding near $3,200 after a modest rise as traders cite reduced unstaking backlogs and multi‑year‑low exchange balances as signs of lighter near‑term sell pressure.
- CoinDesk and other analysts note staking yields near 3% and real‑time queue processing as evidence of a more liquid, steady‑state market that tempers sweeping ‘supply shock’ claims.