Over 910K $ETH $3.9B Stuck in Ethereum Exit Queue
The #ETH exit queue is jammed. As of Aug 19, over 910,000 ETH is waiting to be unstaked - and the backlog is getting worse.
Platforms like Lido, Coinbase, and others are leading the withdrawals, causing the wait time to stretch to almost 2 weeks.
Stakers are clearly starting to rotate out whether it's profit-taking, rebalancing, or just moving to other chains. Either way, it's a big shift to keep an eye on.
If you're planning to unstake, prepare to wait.
