The row to abandon Ethereum’s staking reaches an ATH

As of August 15, the Ethereum network records a historical record in the exit tail of the validated funds, with more than 767,000 Ether (ETH), estimated at almost 3.5 billion dollars currentlyhoping to abandon staking.

This represents the largest peak of validators in its history, with a waiting time of 14 days and 13 hours according to data from Censorship.pICs

GRAPH OF THE LIST OF VALUES waiting to unlock your ETH funds. Fountain: Censorship.pICs.

The more than 767,000 ETH pending unlocking represent the holdings of more than 800,000 validators that want to retire from the Ethereum Staking.

This phenomenon has grown in recent weeks, as cryptootics reported, and indicates a sustained trend of validators. The output behavior has been notoriously evidenced for a few days: only on August 13, the exit tail was 587,000; two days later, That figure increased to more than 800,000.

At the close of this article, the Ethereum Network contains more than 1 million validators. If the escape of the 800,000 was consolidated, the network would lose around 80% of its participants In validation of transactions.

One of the reasons for the getaway is the profits, since Ether’s price is maintained Around 4,500 dollars. Some prefer to sell their Ether cattle instead of keeping it blocked, a possible reboil strategy in an upward market.

The queue mechanism designed in Ethereum fulfills a key function: avoid sudden changes in the amount of validators that put the stability of the network at risk.

If the outputs or tickets were immediate, the infrastructure could face Safety and performance problemsas imbalances in the validation of transactions or vulnerabilities in consensus.

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