The waitlist for Ethereum stakers seeking to exit the network has jumped to a record high as Celsius moves to unstake its ETH holdings.
The queue for stakers exiting Ethereum’s consensus layer, the Beacon Chain, surged to a record high of 16,283 validators on Jan. 4 — significantly beating out its previously high of 3,829 from Dec. 4, according to Validator Queue.
The waitlist is projected to take five and a half days to clear. A maximum of 13 validators can offboard per epoch, with each epoch lasting roughly 6.4 minutes.
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#undefined [Source: TheDefiant]