CoinDesk
Sep 5, 2025
6 0

Ethereum Staking Queue Surpasses Exit Queue Amid Renewed Demand

Ethereum’s validator entry queue has surpassed the exit queue for the first time in weeks, indicating renewed demand for staking ETH as sell-off fears diminish.

  • Current entry queue: 932,936 ETH ($4 billion)
  • Current exit queue: 791,405 ETH ($3.3 billion)
  • Exit queue peaked at 816,000 ETH three weeks ago, raising concerns over market absorption of sell pressure
  • A significant contributor to the entry surge is a long-dormant Ethereum ICO participant who staked 150,000 ETH ($645 million)
  • This investor originally purchased 1,000,000 ETH for $310,000 during the 2014 token sale
  • After staking, the wallet retains 105,000 ETH ($451 million) across two wallets

ETH/USD (TradingView)

Since August 15, ETH has decreased by approximately 4%, while BTC dropped about 7%. Altcoins faced larger declines.

Long-term bet

The proof-of-stake system is attracting capital amidst a shift in staking dynamics. While exits reflected prior nervousness, current entries suggest confidence in long-term staking rewards and potential ETF demand.