X @Ash Crypto

Validator Activity - The Ethereum validator entry queue has surged to 787,085 ETH, indicating a 14-day waiting period for staking [1] - The validator exit queue has significantly decreased to 616,898 ETH, a drop from its peak of nearly 1 million ETH, suggesting reduced unstaking pressure [2] Staking Metrics - Ethereum boasts over 105 million active validators, with 356 million ETH staked, representing 294% of the total supply [2] - The Annual Percentage Rate (APR) for ETH staking remains steady at 289% [2] Market Sentiment - Initial bearish on-chain signals for Ethereum have reversed, with increasing staking demand and decreasing unstaking pressure [1][2] - The current trend suggests a potential Ethereum supply squeeze, initially gradual but potentially accelerating [2]