252,402 ETH Gone From the Staking Buffer: Ethereum at $2,507 and 24 Days in Both Queues

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Ether trades at $2,507 on Saturday afternoon while something shifts in the queues of the staking system: the lead of the entry queue over the exit queue has shrunk by 252,402 ETH since October 4. What the 24 days of waiting in both directions mean for your stake, and why a full queue still does not support the price.Ethereum costs $2,507 on Saturday afternoon, a good 0.8 percent more than on Friday. The move that really explains this week, however, is not in the price chart but in the two queues through which capital enters staking and leaves it again. Since October 4 the lead of the entry queue over the exit queue has melted away by 252,402 ETH, around $633 million at today's price. That produces two numbers you can work with today: just under 24 days until a new deposit sees its first reward, and a good 24 days until withdrawn ETH sits freely available on your address again. Ethereum at $2,507 and a week that cost 6.9 percent As of October 10, Ether trades at $2,507. On the da...