đď¸ Posted by [Aimal Shakir] | #Ethereum #ethstaking #CryptoNews
Image: Ethereum network activity spikes as stakers rush to take profits
đ§ Â What'sHappening?
Over 519,000 $ETH (worth nearly $1.9B) is currently queued to exit the Ethereum network __the longest exit line since January 2024! Validators are waiting over 9 days to withdraw, which is rare and signals major profit-taking after $ETH 160% price rally since April.
đ¤Why Are People Unstacking?
Simple: profits.
Many stakers locked $ETH back when it was under $2K and now with prices more than doubling, theyâre cashing out.
Some big players might also be moving their ETH to new wallets, custodians, or even contributing directly to ETH-focused treasury projects like SharpLink Gaming or Bitmine.
đBut Itâs Not All Sell Pressure
âĄď¸Even as many are exiting, thereâs s a huge demand to stake too.
âĄď¸Over 357,000 ETH is in line to be staked
âĄď¸ Entry queue is over 6 days long, the longest since April 2024
âĄď¸ Total validators hit a record: 1.1 million+
Thanks to the SECâs May 29 guidance clarifying that staking doesnât break securities laws, more institutions are jumping in. Companies like Figment report staking interest more than doubling recently.
đWhat This Means
â The sell-off may not be as bad as it looks
â Profit-taking is normal during rallies
â Ethereumâs staking system is still strong and growing
â
Big players are moving money strategically, not exiting crypto altogether
â
Are you staking or unstaking ETH right now? whatâs your ETH strategy for 2025?
#Ethereum2025 #ETHUpdate #cryptoprofits