There are 1,603,958 ETH sitting in the entry queue for Ethereum staking this Wednesday morning. Anyone depositing today will see their validator activated only around 28 days later, so somewhere near October 28. For the Ethereum price prediction that figure says more than the daily quote, because it describes supply: a good 1.6 million ETH worth roughly $4.27 billion have already been deposited, yet they can neither be sold nor moved while they stand in the lock.
Ethereum itself trades at $2,661, or 2,342 euros, a good one percent below the previous day and almost four percent below the previous week. The price on its own tells you little. The queues on both sides of staking tell you more, and they have turned noticeably over the past ten days.
Where the Ethereum staking queue stands right now
The figures come from the public queue overview at validatorqueue.com, which draws its data from beaconcha.in. As of September 30 the picture is this:
- Entry queue: 1,603,958 ETH, waiting time 27 days and 20 hours
- Exit queue: 205,011 ETH, wa...
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