According to validatorqueue validator queue tracking data, the Ethereum network's staking leaderboard has become lively again. Currently, over 1.77 million ETH are waiting to be activated, worth approximately $5.52 billion. It is estimated that it will take about a month—specifically 30 days and 20 hours—before they can be activated.
Why is this happening? Ultimately, it is the actions of large holders that have sparked this wave of activity. BitMine recently invested a massive amount of ETH into staking all at once, which directly caused the validator queue to become full. In this situation, new staking demand has to wait a little longer, queuing up behind.
Interestingly, the exit queue on the other side has been completely cleared. So far, no stakers are rushing to redeem, indicating that market confidence in the Ethereum PoS network remains steady. With many people staking in, almost no one is withdrawing, which in some ways reflects the market sentiment—everyone is optimistic about the future price movements.
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NotSatoshi
· 16h ago
5.5 billion ETH is in line, this is outrageous, big players really dominate the entire market...
Wait, no one wants to come out? This signal is a bit strong, it feels like everyone is betting on the next surge...
BitMine's move directly filled the queue haha, how can small retail investors line up...
It's more interesting that there are no exit orders, indicating that the crypto market still has confidence, no one is panicking...
It takes 30 days to get a turn? That shows strong optimism, I would have sold already...
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MysteryBoxAddict
· 22h ago
BitMine's move directly clogged the queue, truly impressive.
Wait, no one running away actually indicates a bigger issue.
30 days to get a turn? Ridiculous, this efficiency is truly speechless.
Major investors are pouring money in, small investors can only obediently queue up, a typical Matthew effect.
The staking pool is packed, while redemptions are zeroed out, their mindset is really firm.
1.77 million coins are stacked up, the line will probably be even longer next month.
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HashBrownies
· 01-09 08:54
The queue is already a month long, BitMine's move is incredible, completely blocking the entry channel.
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MEVHunterWang
· 01-09 08:52
The big players are starting to dump again. Do we have to wait a month to activate? They really dare to pile 5.5 billion in there.
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BearWhisperGod
· 01-09 08:52
Wait, BitMine's move is really aggressive, directly causing the queue to be blocked like this...
Clearing the queue upon exit is the key point, it looks like a highly optimistic signal.
It takes more than 30 days to get a turn? Is this deal worth it?
I just want to ask, who has so much idle money to pour so much ETH in one go?
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CountdownToBroke
· 01-09 08:47
Wait a minute, what is BitMine doing? Putting so much ETH in all at once—aren't they afraid of hitting a snag?
The staking queue is backed up like this; ordinary people might have to wait until the Year of the Monkey or the Year of the Horse. Truly impressive.
It's actually a good sign that no one is rushing to exit; at least it shows everyone is still holding their ground.
According to validatorqueue validator queue tracking data, the Ethereum network's staking leaderboard has become lively again. Currently, over 1.77 million ETH are waiting to be activated, worth approximately $5.52 billion. It is estimated that it will take about a month—specifically 30 days and 20 hours—before they can be activated.
Why is this happening? Ultimately, it is the actions of large holders that have sparked this wave of activity. BitMine recently invested a massive amount of ETH into staking all at once, which directly caused the validator queue to become full. In this situation, new staking demand has to wait a little longer, queuing up behind.
Interestingly, the exit queue on the other side has been completely cleared. So far, no stakers are rushing to redeem, indicating that market confidence in the Ethereum PoS network remains steady. With many people staking in, almost no one is withdrawing, which in some ways reflects the market sentiment—everyone is optimistic about the future price movements.