Ethereum's price has fallen 34% from its mid-September peak of $4,700 to $3,100, following the withdrawal of approximately 2.6 million ETH from staking. As of now, only 80,000 ETH remain in the withdrawal queue, indicating a significant reduction over the past three and a half months. In contrast, the current trend shows a surge in ETH staking interest. Over 1 million ETH are queued for staking, driven by substantial deposits from Bitmine (BMNR), which has staked 593,152 ETH in the past eight days. This marks a reversal in staking dynamics, with more ETH waiting to be staked than withdrawn.