🚨📢Just In: $3.7B $ETH Waiting to Be Unstaked Could Add Sell Pressure to ETH⚠️
Ethereum’s validator exit queue just hit a record 855,158 ETH (≈ $3.7B) 🚨 — the largest ever. Analysts warn this wave of potential sell pressure could weigh down ETH’s price as traders unwind leveraged stETH positions and DeFi loops.
ETH recently came close to its ATH ($4,878) before retracing, and with geopolitical tensions + hot inflation data adding fuel, the timing of this unstake surge has the market on edge.
Will this act as a “slow drip” sell-off or just shake out weak hands? 🐂🐻