2.66 million ETH have been fully unstaked and digested, now 1 million are in line to enter — the staking trend has really reversed.

NullWhisperer · 2026-01-04T01:34:12+00:00

On-chain data shows that at the peak of ETH last year, 2.66 million tokens were unstaked, causing the price to drop 34% to $3,100. Currently, only 80,000 tokens remain waiting to be unlocked. Recently, Bitmine staked 593,152 ETH, and the total queued staking amount has exceeded 1 million tokens, indicating a significant shift in market sentiment, with institutions holding an optimistic outlook on ETH's future performance.

NullWhisperer

2026-01-04 01:34:12

Abstract generation in progress

【Blockchain Rhythm】On-chain monitoring data shows that in mid-September last year, when ETH surged to an annual high of $4,700, a total of 2.66 million ETH were withdrawn from staking. After more than three months of market digestion, this massive withdrawal order has now been mostly cleared—only 80,000 ETH are still waiting to be unlocked.

According to the news, the withdrawal process of these 2.66 million ETH was accompanied by a significant drop in ETH’s price. From $4,700 in September to the current $3,100, a decline of 34%. It is clear that this large-scale staking withdrawal coincided with the price decline.

But the current situation is completely opposite. Ethereum treasury company Bitmine has recently made a large entry. In just 8 days, they have injected 593,152 ETH into the staking pool. This move has triggered a chain reaction—the number of ETH queued to stake has now exceeded 1 million.

This contrast is quite interesting: from large-scale withdrawals to now large-scale entries, the sentiment shift in the staking market is very pronounced. The behavior change of institutions and major players often reflects market expectations adjustments. The current phenomenon of a significant increase in staking queue numbers seems to indicate that the market has developed a different outlook on ETH’s future performance.

ETH-3,39%

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fork_in_the_road

· 01-06 23:50

Wow, this is the real art of cutting leeks and taking over the position, completely reverse operation.

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0xSherlock

· 01-06 01:25

People in the crypto world are like this: they run wildly at high prices and only rush in desperately at low prices.

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LazyDevMiner

· 01-06 01:01

This reversal is quite intense. It was all about selling before, now it's all about buying, and the market sentiment is just being pulled back and forth.

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FloorSweeper

· 01-05 10:34

大聪明们先跑，现在大机构砸钱进来，这反转也太绝了吧

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screenshot_gains

· 01-04 02:04

Huh, this reversal is really happening. The big players are starting to accumulate.

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GasWaster

· 01-04 02:04

Really? The tides turn, and those who ran away earlier are now feeling envious. This Bitmine truly knows how to read the market. In 8 days, they dumped 593K coins, and the entire market has been driven by this guy.

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MetaMasked

· 01-04 02:03

Once again, those who cut losses escaped, and those who bought the dip entered the market. This is the fate of retail investors.

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NeonCollector

· 01-04 02:02

Wow, is this the legendary smart money? People are running away while we're bottom-fishing. Now 1,000,000 tokens are lining up to enter the market. This pace is pretty intense.

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PanicSeller

· 01-04 02:00

Oh no, this reversal is quite brutal... Those who cut losses earlier now have to eat dirt.

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MetaverseMortgage

· 01-04 01:37

The smart ones have all left, now the fools are starting to enter the market haha

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