BlockBeats news, on August 16, according to data from the validator queue tracking site validatorqueue, the current exit queue for the Ethereum PoS network reports 873,682 ETH. At current prices, the ETH exiting the PoS network is approximately $3.884 billion, with withdrawal delays currently reported at 15 days and 4 hours. The number of active validators has surpassed 1.08 million, with staked ETH accounting for 29.45% of the total supply, approximately 35.4 million ETH.
DeFi analyst Ignas states that the current surge in unstaking ETH mainly comes from three major liquid staking platforms: Lido leads with 285,000 ETH pending withdrawal, followed by EthFi (134,000 ETH) and Coinbase (113,000 ETH). Although the surge in pending unstaked ETH may signal a large-scale profit-taking, recent corporate treasury in Ethereum and spot ETH ETFs are absorbing most of the selling pressure.
strategicethreserve.xyz data shows that since May 1, the total amount of strategic reserves and ETF holdings has surged by 140%, increasing from 4.14 million ETH to 10 million ETH, indicating that institutions are accelerating their monopoly over Ethereum's circulating supply.
Ignas particularly emphasizes the potential positive narrative of ETH staking ETFs. He points out that some investors may be releasing liquidity to prepare for future repositioning through staking ETFs; this "portfolio rotation" strategy will not lead to a complete withdrawal of funds from the ETH market. Although the SEC's final approval deadline is set for April 2026, Bloomberg ETF analyst Seyffart believes that the approval time may be significantly advanced, possibly as early as October 2025.
