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Ethereum unstaking queue rises 72,000 percent in two weeks, Jordan Kerridge warns

Ethereum unstaking queue rises 72,000 percent in two weeks, Jordan Kerridge warns
Ethereum unstaking jumps dramatically

Jordan Kerridge, industry influencer, reports that Ethereum validators are unstaking at a significant rate. The amount of Ethereum in the unstaking queue has surged by 72,000% over just two weeks.

This sharp increase highlights heightened activity among Ethereum validators, raising concerns within the crypto community about the underlying reasons for the mass unstaking.

Kerridge has recently highlighted network concerns across the crypto sector. He reported that Solana saw a 90 percent efficiency drop and larger signatures during quantum-resistant cryptography tests. Previously, he described the FDIC's approval of a U.S. stablecoin proposal under the Genius Act as a significant policy milestone.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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