Ethereum Validators Pressured to Wait Days to Unstake Amid Celsius Withdraws

Ethereum Validators Pressured to Wait Days to Unstake Amid Celsius Withdraws

by Jeremy

The exit queue for Ethereum validators spiked to over 16,000 on Friday, whereas it was simply at 26 yesterday, in accordance to blockchain information from validatorqueue.com. The queue represents greater than $1 billion value of staked ETH at present costs, however the massive backlog means it might take as much as 5.6 days for that ETH to get again into the palms of its depositors.

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