Since the beginning of last July, massive valuers accumulate.
ETH over 4,500 dollars could motivate profits.
As of August 13, 587,000 Validators of Ethereum remain in the staking queue of the network, a figure still close to the historical maximum recorded at the end of last July.
As Cryptonotics explained, the accumulation of queue validators is due to retirement requests initiated in early July, when multiple operators They began to process unlock of his coins.
Meanwhile, the number of validators who want to enter is around 100,000. This figure reveals an important asymmetry in the network of validators of the network.
A validator is a node that participates in the verification and confirmation of transactions through Ether Staking (ETH). Being “in the exit” means that the operator requested to stop participating in the validation and intends to recover their funds blocked in Staking.
Among the causes of the exit tail, the profits could be, considering that the ETH price remains above $ 4,500. Converting Ethers to Fíat coins in this context of the price of the currency would be attractive to those seeking liquidity or closing profitable positions.
The tail mechanism designed in the protocol 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 inputs were immediate, the infrastructure could face security and performance problems.
Currently, the time estimated waiting is 1 day to enter and up to 10 days to leave.
Despite the ongoing exits, Ethereum keeps about 1.1 million validators, still close to its historical maximum.
