The Ethereum validator exit queue is at its longest in nearly two years as $2.3 billion worth of Ether now awaits unstaking. Is it profit taking or repositioning?
Ether dipped more than 7% from its 2025 high as the queue for validators and investors to unstake the asset hit an 18-month high on Wednesday.
Ethereum is a proof-of-stake network that requires validators to stake the asset and lock up funds to secure the network.
Validators that want to exit Ethereum’s staking system need to go through a validator exit queue, “and in the past few days, the number has absolutely surged,” staking protocol Everstake reported on Wednesday.
