Ethereum staking queue hits new high: 2.8 million ETH waiting to be activated, major holder BitMine pushes expectations, delay extended to 48 days

YieldWhisperer · 2026-01-22T07:44:17+00:00

The Ethereum PoS network is experiencing a staking boom, with over 2.8 million ETH queued for activation, and the waiting time is approximately 48 days. Large institutions like BitMine focusing on staking have led to an extension of the activation cycle, while the redemption queue has been cleared, reflecting the market's optimism about Ethereum staking yields.

YieldWhisperer

2026-01-22 07:44:17

Abstract generation in progress

【Blockchain Rhythm】Ethereum PoS network welcomes a new wave of staking enthusiasm. According to validator queue tracking data, the number of ETH currently queued for activation has surpassed 2,800,000, specifically 2,818,506, which is worth approximately $8.49 billion at the current price. This also means that new validators need to wait about 48 days and 22 hours to be officially activated.

Behind this staking surge, the main driving force is the concentrated entry of large staking institutions like BitMine. Their large-scale ETH staking directly pushes up the entire queue length, significantly extending the activation cycle.

Interestingly, the situation on the withdrawal side is quite the opposite. The Ethereum staking redemption queue has been completely cleared, and no users are currently choosing to withdraw ETH from staking. This imbalance in inflow and outflow reflects the current market’s optimistic attitude towards Ethereum staking yields.

ETH-3,43%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

7 Likes

Reward
7
4
Repost
Share

Comment

0/400

MemeCurator

· 12h ago

It takes 48 days to activate? BitMine is really stockpiling chips. --- The redemption queue is empty, which shows everyone is really optimistic. --- 2.8 million tokens are in line, over 8 billion USD... this buying pressure is quite fierce. --- People are pushing to get in, none are leaving, a typical sign of not wanting to run. --- BitMine's crazy influx is indeed a bit intense; is staking yield really this attractive? --- Waiting 48 days to play, latecomers are really feeling a bit uncomfortable. --- Clearing the entire redemption queue? It depends on how confident you are. --- Big institutions jump in and immediately fill the queue, retail investors suffer. --- It feels like Ethereum staking is becoming more and more a rich man's game. --- No one is redeeming, which makes this signal quite interesting; market sentiment is indeed good.

View OriginalReply0

BridgeTrustFund

· 12h ago

48 days, BitMine and these guys are really ruthless, putting in so much at once to directly fill the entire queue. But I really like the fact that the redemption queue clears out, it truly shows that no one is running away.

View OriginalReply0

MidnightSnapHunter