Ethereum staking queue imbalance: the number of people waiting to stake has surged to 1.18 million ETH

AirdropHuntress · 2026-03-16T13:11:49+00:00

The Ethereum PoS staking market is showing significant changes, with redemption demand coming to a halt and a surge in the queue of people entering staking. The staking exit channel has become deserted, contrasting sharply with the crowded entry channel, reflecting market confidence in Ethereum. Large staking service provider BitMine has contributed substantial capital, driving continuous growth in staking demand.

AirdropHuntress

2026-03-16 13:11:49

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According to cryptocurrency market data monitoring, significant changes have occurred in the Ethereum PoS staking ecosystem. Currently, the staking market presents a “cold and hot” situation: on one side, redemption demand has suddenly stopped, while on the other side, the queue for staking continues to grow.

Analyst Yu Jin’s tracking reveals that behind this market shift is the influence of large investors’ funds.

Staking Exit Channels Fall Silent

Notably, the Ethereum staking exit queue has been fully released, with no new redemption requests appearing. This means no addresses are choosing to withdraw their staked ETH, a rare phenomenon in the staking market. The quiet exit channels contrast sharply with the crowded entry channels, reflecting current market participants’ confidence in Ethereum staking prospects.

Surge in Entry Queues, BitMine Fuels the Boom

Contrary to the disappearance of redemption demand, the staking entry queues are rapidly increasing. Data shows that the total ETH waiting to be staked across the network has exceeded 1.186 million ETH. The main driver of this staking frenzy is large staking service provider BitMine, which has recently committed approximately 768,000 ETH to staking, accounting for the vast majority of the entry queues.

This phenomenon indicates that institutional-level staking demand continues to rise, and the market maintains a stable outlook on Ethereum’s long-term value and staking yields.

ETH3,55%

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