The validator withdrawal queue of Ethereum is approaching 1 million ETH, equivalent to 4 billion dollars in ETH, with staking withdrawals on the rise due to the recent price surge. In recent weeks, validator withdrawals have increased, primarily driven by the three main liquid staking platforms: Lido, EthFi, and Coinbase. As a result, the price of ETH has experienced a pullback of more than 10% after the rejection at 4,800 dollars last week.
