BlockBeats news, on July 23, according to on-chain analyst Ai Yi (@ai_9684xtpa), the number of ETH queued for unstaking has increased to nearly 620,000, with a net redemption of 271,000. On-chain data shows that in the past week, two wallets from HTX have redeemed a total of 110,000 ETH, with a total value exceeding 400 million dollars. Other institutions such as Abraxas Capital Mgmt have also conducted staking redemptions.
The number of ETH queued for unstaking has increased to nearly 620,000
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