Ethereum Staking Exit Queue Jumps to 851,000 ETH After MetaMask Incident
- —Exit queue grew more than fivefold in three days, from 166,000 to 851,000 ETH
- —About 786,000 ETH remained queued Monday, implying a nearly two-week exit wait
- —Roughly 17,000 validators controlling ~523,000 ETH were involved, per estimates
- —About 1.5 million ETH (~$4 billion) is still waiting to enter staking, a ~25-day queue
Why it matters: The exit backlog looks like selling pressure, but it is largely a precautionary MetaMask withdrawal rather than a broad validator exodus, with ETH still capped near $2,800.
Source: Coinpaper