Record ETH Unstaking Queue Reaches $3.8 Billion, 15-Day Wait Expected

Ethereum’s unstaking queue has reached an all-time high of $3.8 billion, leading to a significant wait time of up to 15 days for users seeking to withdraw their ETH. This surge is primarily driven by major staking platforms like Lido, EthFi, and Coinbase, which collectively contribute to a substantial portion of the queue. This unprecedented level of withdrawals reflects a shift in investor sentiment as users look to capitalize on market volatility or redeploy capital.