#美国核心物价涨幅不及市场预估 The Ethereum staking ecosystem is undergoing a profound transformation. Have you noticed?$ETH $ARPA $GUN

An unprecedented phenomenon has emerged—the validator withdrawal queue has completely disappeared, while over 2.6 million ETH are waiting in line to be staked. Newcomers wanting to participate must wait at least 45 days before they can get on board. What does this shift mean? In simple terms, selling pressure is diminishing, while buying interest continues to accumulate.

The data is even more intuitive: nearly half of the total supply has been locked in staking contracts, turning into interest-bearing assets. Major institutional players (some have already staked up to 1.25 million ETH) are signaling their confidence with real capital—they view Ethereum as a new type of asset to allocate, with an annualized yield of around 2.8%.

The core logic isn't complicated: liquidity is being continuously drained. The circulating supply of ETH in the market is tightening, while the funds seeking to enter and earn yields are constantly increasing. This creates an increasingly tense supply and demand relationship. What truly drives the bull market isn't slogans, but this quiet and steadfast collective choice happening on-chain.

Don't just focus on the current price; that 45-day waiting queue is the real story.