Ethereum's exit queue has hit a record 45 days as investors seek to capitalize on Ether's recent price rally. The queue surged to 2.6 million ETH last week, coinciding with Ether prices surpassing $4,700. Despite the lengthy wait, staking inflows remain robust, reflecting confidence in Ethereum's long-term prospects. The queue spike was partly due to Kiln Finance's security hack withdrawal. Currently, Ether is priced at $4,550, nearing its all-time high of $4,946, with expectations to reach $5,000 this year.
Ethereum Exit Queue Reaches Record 45 Days Amid Price Surge
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.