44 Days of Waiting… and a Wall of ETH Ready to Hit the Market

Over $11 billion worth of ETH is currently sitting in the unstaking queue. That’s the largest amount ever waiting to leave Ethereum staking.

Most of that ETH is likely headed straight for the market - holders are looking to cash out while ETH is trading high.

But here’s the catch: the average wait time is almost a month and a half - 44 days. And if you include the “sweep delay” (the time it takes for funds to actually hit wallets after validators exit), the total wait stretches to 53 days!

Will the market really wait that long? Probably not. Speculators don’t want to sit around while their competitors prepare to dump. Seeing such a massive wave of ETH lining up for release, traders may start selling early - and that could easily push the price down.

That’s one of the downsides of Proof-of-Stake. If you stake your coins to validate blocks, you lose access to them for a while - which means you risk missing key market moves.

It’s often safer to keep ETH in your own wallet. That way, you can jump onto rabbit.io anytime and swap it for whatever you need:

• stablecoins, if you want to lock in profits,
• privacy coins, if you’d rather keep your savings off the radar,
• Bitcoin, for maximum reliability,
• or any of the 10,000+ supported cryptocurrencies, if you see more potential elsewhere.