The Ethereum validator exit queue may rise soon, but Anthony Sassano assures the crypto market that it’s not a cause for concern. With 1.63 million ETH in the queue, traders worry about potential selling pressure. Kiln Finance starts the “orderly exit” process for Ethereum validators after SwissBorg’s hack involving Solana tokens. The exit process could take up to 42 days, Ether is trading at $4,306. Ethereum has seen significant validator exits and entries recently, with over 1 million Ether tokens awaiting withdrawal and the staking queue at its highest level since 2023.

Read more at Cointelegraph: Ethereum Validator Exit Queue Set to Surge: This Is Why