278,935 net new Ethereum validators queue up as ETH consolidates between $2.6k and $3k

Ethereum’s validator queue has turned net positive by 278,935 validators after four months, while ETH has been trading in a $2.6k–$3k range. A large staking move by BitMine, which added 79k ETH to reach 154k ETH staked, highlights growing long-term yield focus even as exchange reserves rise and ETFs see outflows. These shifts suggest early signs of renewed confidence amid the network’s transition from short-term to long-term holders.