The Ethereum staking withdrawal queue has cleared, with over 1.18 million ETH queued to enter staking

According to crypto analyst Yu Jin @EmberCN, the Ethereum PoS staking withdrawal queue has been cleared, and there have not yet been any addresses choosing to redeem staked ETH.

Meanwhile, the scale of the queue for entering staking has significantly increased, mainly influenced by BitMine's recent large-scale staking, which has deposited approximately 768,000 ETH in the last 10 days. Data shows that the current amount of ETH queued to enter staking across the network has exceeded 1,186,000 ETH.