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🚨 ETH STAKING EXIT QUEUE JUST HIT A 2026 HIGH! $ETH
Ethereum’s staking exit queue has climbed to its highest level this year, with hundreds of thousands of $ETH waiting to leave the validator set. 👀
📊 Here’s the breakdown: 🔸 Exit queue reached ~851,000 ETH on October 2 🔸 Around 786,000 ETH was still queued by October 5 🔸 Estimated wait time: nearly 14 days 🔸 Peak queue represented roughly 2% of all staked ETH
But there’s a key detail. ⚠️
A large part of the spike came after temporarily withdrew validators as a precaution following a security incident involving part of its staking infrastructure.
Morgan Stanley’s Adam Jonas says “not a single hand went up” when he asked 40 clients who owned $SPCX — even with a $300 price target. 👀
His bullish case is mainly tied to compute. Consensus sits around $17 per watt across 4.1 GW, while recent short-term contracts are reportedly closer to $40 per watt.
That means every additional $10 per watt could potentially generate ~$41B in revenue without adding more capacity. 🚀
And that’s before fully pricing in the potential synergy between launch, Starlink, and AI compute.
The bigger opportunity may not be one business alone — it’s how all the pieces connect. 🔥