The ETH Exit Queue Is Growing

The amount of ETH waiting to exit staking is almost twice as large as the amount waiting to enter. And that’s a worrying signal. It suggests that Ethereum holders, in general, are leaning toward winding down their long-term positions.

And I'm not just talking about short-term speculators here. Speculators are more likely to trade futures these days – especially since fees on futures are usually lower than on spot markets. Those who hold ETH itself typically have a real use case for it – like earning passive income through staking.

But now I see a shift even among long-term holders. Just as the price of ETH has gone up, many of them are choosing to exit staking. Looks like some of the people who’ve helped secure the network no longer believe in further upside. They may be planning to swap their ETH for something they see as more promising.

Let me remind you. If that’s your plan too, you can swap ETH for any crypto or stablecoin – at the best rates and with no limits – on rabbit.io.

I have only one question: what stage are these stakers in when they decide to exit?
– Locking in profit?
– Breaking even?
– Minimizing losses before they get worse?

What do you think?