- New Ethereum validators to wait 30 days for activation as the staking exit queue climbed to 1.759 million ETH.
- ETH price is still down despite strong institutional accumulation and staking from giants like BitMine.
The Ethereum (ETH) staking queue recently experienced a shift in dynamics. While the Ethereum staking entry queue rose to $5.5 billion, the exit queue completely cleared to zero. According to ValidatorQueue data, the Ethereum staking queue has surged to 1.759 million ETH, valued at about $5.5 billion. This is a historic milestone as it marks the highest level since late August 2023.
The entry queue represents the ETH waiting to become active validators. The estimated wait time for new stakers is about 30 days and 13 hours. This is the time before their validators are activated and start earning rewards. In contrast to the entry queue, the Ethereum exit queue has dropped completely to zero. Exit queue validators waiting to unstake and withdraw their funds.
The exit queue declining to zero means anyone who wants to leave, do so almost immediately with no backlog. Almost no one is unstaking their ETH assets at the moment. This eliminates immediate sell pressure from exiting validators who would receive their ETH back after withdrawal.
Ethereum Staking and Validator Queue Outlook | Source: Wu Blockchain
Such a bullish move indicates fewer people want to sell or reduce exposure. It is also a potential support for the ETH price in a positive market environment. Large ETH holders such as BitMine are actively staking large amounts for yield. BitMine recently added 118,944 new ETH to staking as it continues with its aggressive accumulation plan, as mentioned in our previous news brief.
Their action comes shortly after JPMorgan invested $102 million in BitMine. In our last update, we examined that JPMorgan held 1,974,144 shares of the company as of September 30, 2025.
How Ethereum Price Reacts
Generally, the Ethereum queue flip represents an on-chain sign of accumulation and network strength in recent years. Analysts claim traders and investors currently view Ethereum as a solid long-term bet. Usually, the network security increases, while the liquid supply reduces when more ETH is locked away. This potential supports the ETH price in a positive market environment.
Moreover, community sentiments remain bullish for ETH despite the price falling slightly by 0.08% over the previous day to $3,092.61 per data from MarketCap. On the weekly and monthly charts, ETH also dropped 0.02% and 3.27%, respectively.
Nevertheless, positive developments remain within the ETH ecosystem. For instance, co-founder Vitalik Buterin recently made a major network announcement. Buterin argued that getting zkEVM and PeerDAS on mainnet will help the blockchain to achieve scalability, security, and decentralization. In a previous report, Buterin said Ethereum must achieve global scale usability and remain genuinely decentralized. At the same time, he criticized Ethereum dApps that went offline following the Cloudflare outage.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
ETH 15-minute drop of 0.69%: Price pressure from declining burn volume and short-term capital arbitrage
2026-04-09 18:00 to 2026-04-09 18:15 (UTC), ETH closed down 0.69% within a 0.88% intraday trading range, with the price fluctuating between 2203.91 and 2223.58 USDT. Trading volume in this range rose slightly, market attention stayed high, but short-term volatility increased, prompting investor caution.
The main drivers behind this unusual move are that ETH on-chain Gas fees have fallen to historical lows, causing the EIP-1559 burn amount to decline. As a result, the net-supply contraction effect weakened, and the supply-demand structure faced adjustment pressure in the short term. Meanwhile,
GateNews2h ago
ETH 15-minute pump of 0.71%: spot marginal buy pressure amplifies liquidity, pushing the short-term move higher
2026-04-09 17:00 to 2026-04-09 17:15 (UTC), the ETH price fluctuated in the range of 2207.09 to 2224.42 USDT, recording a positive return of +0.71%, with an amplitude of 0.78%. The short-term price increase attracted market attention. Although overall sentiment remains relatively cautious, volatility in the spot market has increased.
The main driving force behind this move was that the spot market saw marginal active buy orders amid a backdrop of tighter derivatives conditions and an overall contraction in liquidity. As ETH perpetual contract open interest and trading volume both saw a clear decline (within 24 hours, it c
GateNews3h ago
ETH 15-minute pump 1.31%: On-chain capital inflows and whale buying power are in sync, driving the rally
2026-04-09 15:30 to 2026-04-09 15:45 (UTC), the ETH price closed at 2219.86 USDT, with a range low of 2181.68 USDT. The 15-minute return was +1.31%, and the amplitude was 1.75%. During this period, market trading activity was active, attention increased significantly, and short-term volatility intensified.
The main drivers of this unusual move are on-chain capital inflows and persistent buying by large whales. First, on-chain trading volume suddenly surged during the window above; the frequency of large transfers increased, indicating that institutions or major players entered quickly. At the same time, active addresses
GateNews4h ago
Bitcoin ETF Sees $159.62M Single-Day Outflow While Ethereum and Solana ETFs Continue Negative Trend
Gate News message, according to April 9 data, Bitcoin ETFs recorded a single-day net outflow of 2,242 BTC (valued at $159.62M), while showing a 7-day net inflow of 2,723 BTC ($193.89M). Ethereum ETFs experienced a single-day net outflow of 23,158 ETH ($50.48M), with 7-day net outflows reaching 22,90
GateNews5h ago
Ethereum developer Joe Schiarizzi runs for Virginia congressional seat as a Democrat
Gate News update: On April 9, Ethereum developer Joe Schiarizzi is running for Congress in Virginia as a Democrat. Joe Schiarizzi says he is against Trump and argues that cryptocurrencies should focus on public-interest use cases, not be used for political profit. He also criticizes some lawmakers who support cryptocurrencies as opportunists, saying these people have no real interest in the underlying crypto technology.
GateNews5h ago
