The Ethereum attestation (PoS) network is experiencing a large-scale demand for ETH withdrawals. According to the latest data, approximately 2.369 million ETH (worth $10.2 billion) are currently waiting to exit the PoS network. This figure highlights the immense liquidity pressure the current network is facing.



It is worth noting that the ETH withdrawal process is not completed instantly. Currently, the withdrawal delay time is up to 41 days and 3 hours, which includes a 'Sweep Delay' of 9.1 days. This additional waiting time is due to a large number of validators requesting to exit simultaneously, and the system requires more time to process and settle the funds.

Meanwhile, the enthusiasm for new validators entering the Ethereum PoS network seems to have cooled down. Currently, there are 349,000 ETH, approximately $1.5 billion, in the new staking queue, with a waiting time of 6 days and 2 hours, which is a slight decrease compared to the previous week.

This phenomenon reflects the complex dynamics of the cryptocurrency market. Despite a large amount of ETH waiting to exit, there is still a significant inflow of new funds, indicating that market participants still have long-term confidence in the Ethereum ecosystem. However, the amount of exits far exceeds the new staking volume, which also suggests that some investors may be reassessing their holding strategies.

As the situation develops, the stability of the Ethereum network and liquidity management will be closely monitored. Market participants and analysts will continue to track this data to assess its potential impact on the ETH price and the overall cryptocurrency market.
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GasFeeSobbervip
· 2h ago
Ran away again, what's the panic?
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BlockchainBouncervip
· 2h ago
Huh? It takes more than forty days to withdraw?
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TokenStormvip
· 2h ago
On-chain data has already given a warning. Those who don't understand will just wait to be played people for suckers.
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LiquidityWitchvip
· 2h ago
witnessing a mass exodus ritual... the dark pools are speaking to us
Reply0
FlashLoanLarryvip
· 2h ago
ngl the capital inefficiency is killing me rn...
Reply0
HodlBelievervip
· 2h ago
The funding data suggests that the market adjustment risk is greater than that during the pullback period of 2017.
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Rekt_Recoveryvip
· 2h ago
here we go again... another liquidity trap im too familiar with smh
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