why everyone start unstaking ethereum?
why everyone start unstaking ethereum?
I was looking at the validator queue chart and noticed that the exit queue suddenly spiked. It jumped to around 12 days while the entry queue has been dropping fast.
Is this just a normal rotation or are people actually preparing to sell? Could this big wave of unstaking have a direct impact on ETH price in the short term? Why are people all exiting at once?
Sashitha ilepperuma Answered question
People are preparing for the FED’s decision and Powell’s speech in Wednesday, which will ultimately decide whether there will be an altseason in the near future or not.
Sashitha ilepperuma Answered question
Everyone is doing this as they agreed that no one will be staking anymore. There was two people that they didn’t manage to contact yet but hopefully they will start unstaking soon.
Bianka Travis Answered question