The Ethereum validator exit queue has surged 188% since mid-August, with 2.64 million ETH (~$12.34B) waiting to unstake. The spike is linked to Kiln Finance's orderly exit after a $41M hack, causing waits of over 45 days.

Ethereum's validator exit queue hits a record high with 2.64 million ETH (~$12.34 billion) waiting to exit, up 188% since mid-August. The surge is linked to Kiln Finance's hack, causing a preventive orderly exit. Validators face waits of over 45 days.

The Ethereum validator exit queue has swollen to 2.64 million ETH worth $12.34 billion, a 188% increase since mid-August, driven by Kiln Finance's precautionary validator exodus after a $41 million SOL hack. Wait times now exceed 45 days.

The Ethereum validator exit queue has ballooned to 2.64 million ETH ($12.34B), a 188% surge since mid-August, driven by Kiln Finance’s precautionary validator exits after a $41M Solana hack. Wait times now exceed 45 days.