Ether unstaking queue hits $3.8B: What does it mean for ETH price?

840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMTIvMDE5M2M5NDUtMTM4NS03YTYzLWJlOGQtNjcxMWVhODE4ZTBi-2

The Ether unstaking queue has a 15-day wait as investors aim to withdraw a record $3.8 billion in ETH.

Key takeaways:

Ether queued for unstaking hits a record $3.8 billion, led by Lido, EthFi, and Coinbase.

Strategic reserves and ETF holdings have jumped by 140% since May 1.

Read more