Ethereum Staking System Celebrates a Major Shift. The withdrawal queue has dropped to zero, a significant decline from the peak of 2.67 million ETH in mid-September. Most interestingly, the wait time for withdrawal confirmation has been reduced from several weeks to minutes, significantly improving liquidity.

Meanwhile, there are intriguing signals from the other side of the market. Demand to join the Ethereum staking system continues to rise, with the entry queue expanding to 1.3 million ETH, setting a new record. This reflects ongoing investor enthusiasm for ETH staking yields, especially as liquidity during withdrawals improves.

This shift indicates that the Ethereum staking system is moving toward a healthier balance — meeting the liquidity needs of stakers wishing to withdraw, and continuously attracting new capital flows. On-chain indicators suggest this is a positive sign.$ETH