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Nearly 1 million ETH await staking activation amid price drop; exit queue remains low, supporting supply tightness.

Protocol Fundamentals
06 Nov 2026, 21:17 WIB
CryptoTicker
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Neutral
Nearly 1 million ETH await staking activation amid price drop; exit queue remains low, supporting supply tightness.

As of November 6, nearly 1 million ETH (986,847) are queued for staking activation with a wait time of over 17 days, while only 4,320 ETH are waiting to exit staking. Despite a 13.4% price drop over the past 30 days to $2,229, stakers are not rushing to exit, indicating long-term holders remain committed. The staking queue limits supply but does not create new demand, making the 200-day moving average at $2,157 a key price support level. Investors should watch for a price close below this level, which could signal further declines, or a recovery above the 100-day moving average at $2,360 for potential price gains.

Ethereum staking queue and exit queue data provide context for readers as of Nov 07, 2026 01:32 WIB. For readers following the broader cryptocurrency market, here is Pluang's snapshot: out of 50 major cryptocurrencies priced on Pluang, 38 rose and 11 fell today. Notable movers include SXP (Solar) down 46.27% to Rp37 with a typical hold time of 94 days, BAL (Balancer) up 11.14% to Rp16,297 with a typical hold time of 85 days, and ZIL (Zilliqa) up 10.64% to Rp33 with a typical hold time of 134 days and Pluang order activity showing 29% sell and 71% buy.

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