Ether dropped over 7% from its 2025 high as the validator and investor queue to unstake the asset surged. Currently, 644,330 ETH worth $2.34 billion is lined up for unstaking, with an 11-day wait. Despite this, the entry queue also increased, with 390,000 ETH worth $1.2 billion entering. Active validators are at an all-time high of nearly 1.1 million.

The price of Ether retreated 7% from its seven-month high of $3,844, dropping below $3,550 as traders lock in profits. Currently at $3,643, ETH prices remain up over 50% in the past month. US spot Ether ETFs have seen over $2.5 billion in inflows over the last six trading days, showing significant interest from both onchain natives and institutions.

Tron founder Justin Sun removing $600 million worth of ETH from Aave caused a brief depeg in stETH, Lido’s liquid staking token, and a drop in Aave liquidity. This, along with other factors, may have contributed to the surge in the validator exit queue. Interest in Ethereum remains high, with significant inflows into the network despite BTC ETF seeing outflows.

Read more at Cointelegraph: Ethereum Exit Queue Surges As ETH Drops 7% From 2025 High