Ethereum validator withdrawal queue drops to zero, staking demand rises

According to Mars Finance, monitoring by Ethereum Validator Queue shows that the Ethereum validator withdrawal queue has dropped to zero, a significant decrease from its peak of 2.67 million Bitcoins in September 2025. Meanwhile, the entry queue has grown more than fivefold in the past month, reaching 2.6 million ETH, a new high since July 2023. Currently, the entry waiting time has extended to 45 days, while withdrawal processing takes only minutes. Leon Waitmann, Research Director at the Onchain Foundation, stated that once the entry queue becomes active validators, the staking ratio will be pushed to an all-time high. Furthermore, BitMine Immersion Technologies has staked over 1.25 million ETH, representing more than one-third of its total holdings. Market information indicates that 77.85 million ETH are currently deposited into PoS deposit contracts, valued at $256 billion, accounting for 46.5% of the total supply.