ETH validator queues hit record levels 📊 Over 521K validators are exiting, while 359K are still entering, what’s driving this surge in activity? 🔹 Many are exiting positions due to higher borrowing rates disrupting ETH looping strategy and take-profit demands. 🔹 Institutional demand is strong as ETH's performance and "MSTR-style" treasury strategies attract interest. The result: A volatile but active validator queue with both outflows and inflows hitting one-year high 👀
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