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Ethereum Validator Exit Queue Hits Record 45-Day Wait Time
Ethereum Staking Update
- Ethereum's validator exit queue has reached a record high of nearly 45 days.
- This situation increases risks for liquid staking tokens (LSTs) and lending-related tokens (LRTs).
- Redeeming staked ETH becomes slower, affecting its use as collateral.
- Experts warn that this may amplify risk during market volatility or liquidity demands.

ETH Price Dynamics
- ETH has reclaimed the $4,500 level, with resistance at $4,700.
- If ETH fails to hold $4,500, it might retest $4,000–$4,100.
- CME Futures show record-high open interest, indicating strong institutional demand.
- High open interest could lead to liquidation risks during contract expirations.

Accumulation and Support Levels
- ETH is trading around $4,518, up by 2.2% in the past day.
- Approximately 1.7 million ETH, worth $7.5 billion, accumulated near $4,300–$4,400 zone.
- This area is becoming a strong support zone due to withdrawals from exchanges.
Best Wallet Presale Insights
- Best Wallet ($BEST) presale has raised $15.7 million.
- The project offers a non-custodial multi-chain wallet and other ecosystem features.
- $BEST token offers staking rewards of up to 84% APY.