Ethereum Staking Queue Signals a Potential Price Rebound
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After three months of intense selling pressure from ETH unstaking, the network is showing signs of stabilization. For the first time since September, the staking entry queue has surpassed the exit queue, signaling renewed interest in ETH staking.
Current figures: ~745,600 ETH in the entry queue vs. ~360,500 ETH in the exit queue.
Analysts call this shift the “Great Migration,” noting that selling pressure is diminishing.
Historical patterns show that when the entry queue exceeds the exit queue, ETH has previously doubled in price.
Institutional participation is also rising. BitMine, which holds over 4 million ETH, deposited 74,880 ETH into staking contracts to generate yield, highlighting confidence in the network. While ETH remains around $3,000, this trend could indicate a potential recovery in the coming months—though US-based selling pressure could temper gains.