Ethereum's validator exit queue has reached a record high, with approximately 898,000 to 916,000 ETH, valued at $3.8 billion to $4.0 billion, queued for withdrawal as of August 20, 2025. The wait time for full withdrawal has extended to 15 to 16 days, with a daily processing cap of 1,875 validators to ensure network stability. Despite the surge in exits, staking interest remains robust, with an entry queue of 230,000 to 268,000 ETH. The active validator count stands at nearly 1.08 million, with 35.5 million to 35.6 million ETH staked, accounting for 29% of the circulating supply. The increase in the exit queue is attributed to factors such as the strength of ETH's price and validator consolidation efforts.