Ether waiting to leave Ethereum’s staking system jumped more than fivefold in three days last week, pushing the exit queue to its longest wait of 2026.
The queue reached roughly 851,000 ETH on Oct. 2 after MetaMask, a cryptocurrency wallet provider that also runs staking services, began withdrawing validators as a precaution following a security incident affecting part of its infrastructure.
About 166,000 ETH was waiting to exit on Sept. 29, per a CoinDesk analysis of the data. By Oct. 2 that had climbed to roughly 851,000 ETH, about 2% of the 43.6 million ETH staked and well above the roughly 476,000 ETH reached during a surge in May.
About 786,000 ETH, worth just over $2 billion, was still waiting as of Monday Asian morning, with an estimated wait of nearly 14 days.
Staking lets holders earn rewards by committing ether to validators, the computers that check Ethereum transactions. The network limits how quickly validators can join or leave to prevent sudden changes to its security.
At current limits, about 57,600 ETH can enter and about 57,600 ETH can exit each day, so large moves build up as queues. Coins that leave then go through a separate withdrawal process before they reach their owners' wallets.
Most of the jump in withdrawals has come from MetaMask. The company, best known for its cryptocurrency wallet, also runs validators for Lido, a service that pools users' ether for staking. At the time, Ethereum security researcher Kaden estimated the precautionary exits covered roughly 17,000 validators holding about 523,000 ETH, figures MetaMask has not confirmed.
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