1d ago
Ethereum exit queue near zero; entry queue hits 1.3 million ETH as BitMine stakes
Ethereum’s validator exit queue dropped to roughly 32 ETH with about a one-minute wait, the lowest level since July, while the entry queue climbed to 1.3 million ETH. BitMine began staking on Dec. 26 and added 82,560 ETH on Jan. 3, contributing to renewed staking demand and easing perceived selling pressure.