🚨 Ethereum exit queue hits ATH Nearly 693K $ETH (~$2.6B) is now queued for unstaking in the largest validator exit wave since Ethereum staking began. Exit wait times have jumped to 12 days, while entry demand sits at ~296K $ETH.

The last time the exit queue was anywhere near this high was on January 5, 2024 at ~518K $ETH. That spike was triggered by Celsius mass-unstaking ~206K $ETH to repay creditors, which clogged the queue for almost a week. Today’s wave has already surpassed that record.

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