The Ethereum network is facing a significant bottleneck at the consensus layer. There is currently a 25-day wait to activate new staking, with nearly 1.5 million ETH in the entry queue. This directly reduces the liquid supply available on major exchanges, putting pressure on market dynamics in the medium term. Why it matters: The high demand for locking up assets demonstrates long-term conviction, but also limits validators’ operational flexibility amid volatile price movements. What to watch: How the entry rate evolves relative to exits, and how this is reflected in key derivatives metrics. 📈🛡️ #Ethereum #Staking #CryptoAnalysis $ETH