Ranking
Categories
Historical Snapshots
Token unlocks
Yield
Real-World Assets
Trending
Upcoming
Recently Added
Gainers & Losers
Most Visited
Community Sentiment
Chain Ranking
Overall NFT Stats
Upcoming Sales
Market Overview
Spot Market
Derivatives Market
No. of Cryptocurrencies
Bitcoin Treasuries
BNB Treasuries
Fear and Greed Index
Altcoin Season Index
Market Cycle Indicators
Bitcoin Dominance
CoinMarketCap 20 Index
CoinMarketCap 100 Index
Crypto ETFs
Bitcoin ETFs
Ethereum ETFs
RSI
MACD
Funding Rates
Signals
Trending
New
Gainers
Meme Explorer
Top Traders
Spot
Derivatives
Spot
Derivatives
Feeds
Topics
Lives
Articles
Converter
Newsletter
CMC Launch
CMC Labs
Telegram Bot
Advertise
Crypto API
Site Widgets
Airdrops
Diamond Rewards
Learn & Earn
ICO Calendar
Events Calendar
News
Academy
Research
Videos
Glossary
$ETH Faces Sell Pressure From Record Unstaking Queue
$ETH is facing potential selling pressure as the validator exit queue hit a record 855,158 tokens worth $3.7 billion. The growing #unstaking trend could weigh on $ETH’s recent price surge.
Bitwise analyst Juan Leon warns that discounted staked $ETH trading could trigger liquidations and spot selling. The current queue requires 15 days to clear due to network stability limits preventing mass validator exits.
Leon explains that leveraged staking trades become unprofitable when borrowing costs spike. This forces traders to unwind positions by selling $ETH to repay loans, creating synchronized sell pressure across #DeFi protocols.
The unstaking surge comes after $ETH nearly reached its November 2021 record of $4,878. While mass unstaking doesn't guarantee crashes, it acts like "a steady tap of new supply" that pressures prices when overwhelming demand.
