Recently, a striking phenomenon has emerged in the Ethereum POS network: a large amount of ETH is waiting to exit the network. According to the latest statistics, the current number of ETH queued to exit has reached an impressive 788,624 coins. At the same time, there are still 332,846 ETH waiting to join the network.



This large-scale exit trend has attracted the attention of market participants. According to Ethereum's exit mechanism, completing the exit process and having the funds credited takes several days. This means that in the coming days, a group of profitable investors may choose to sell their ETH, which will undoubtedly put some pressure on the market.

Analysts predict that due to these potential selling pressures, the price of Ether may experience a pullback. From a technical perspective, it is expected to fall near the 10-day moving average on the daily chart. This price adjustment may bring short-term volatility to the market, but it could also provide new entry opportunities for long-term investors.

However, it is important to note that despite the increase in the number of withdrawals, the overall security and stability of the Ethereum network have not been affected. This large-scale flow of funds reflects the high liquidity of the cryptocurrency market and the activity level of its participants.

As the market continues to focus on this trend, investors are closely monitoring the potential impact this trend may have on the Ethereum ecosystem and the broader cryptocurrency market. The market movements in the coming days will provide us with more clues about the long-term effects of this phenomenon.
ETH-1.43%
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ser_ngmivip
· 08-18 05:18
Where is the fish that cut loss in the bear market?
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GasFeeCryingvip
· 08-18 00:15
Fall, then fall. I have no money to buy.
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CryptoHistoryClassvip
· 08-17 05:47
Mass capitulation begins
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MEVHuntervip
· 08-15 05:51
The wash trading rhythm has arrived.
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BlockchainFriesvip
· 08-15 05:50
Close all positions is a great opportunity.
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MemeTokenGeniusvip
· 08-15 05:46
Small investors can still enter a position
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GasFeeCriervip
· 08-15 05:38
There's still meat to eat at the bottom.
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RektButAlivevip
· 08-15 05:35
Going long is all about being a big Satoshi.
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InscriptionGrillervip
· 08-15 05:23
Isn't it too early to buy the dip?
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