The number of ETH queued to exit Ethereum staking has dropped to 80,000, while the total ETH queued for staking across the network exceeds 1 million.

Odaily News According to monitoring by Yu Jin, when the ETH price was at a high of $4,700 in mid-September, 2.66 million ETH chose to exit staking. After three and a half months of absorption, the remaining ETH waiting to exit staking is now 80,000. During the period of absorbing approximately 2.6 million ETH that exited staking, the ETH price fell 34%, from $4,700 to $3,100.

The current situation has reversed, with the number of ETH waiting to enter staking far exceeding the number exiting. Ethereum treasury company BitMNR (@BitMNR) recently staked a large amount of ETH, depositing a total of 593,152 ETH in the last 8 days. Currently, the total number of ETH waiting in the staking queue across the network has exceeded 1 million.