A record queue of Ethereum validators waiting to unstake their ETH could lead to increased sell pressure on the cryptocurrency, according to analysts. As of August 16, 2025, the queue reached 855,158 ETH, valued at approximately $3.7 billion, sparking concerns after Ethereum's price experienced a significant drop following a price surge nearing its all-time high. Analysts suggest that the growing number of Ethereum stakers seeking to withdraw their tokens may result in sell-offs, particularly if the price of staked ETH depreciates. The Ethereum network limits the amount that can be unstaked to maintain stability, creating a backlog expected to clear in about 15 days. This situation emphasizes the potential for systematic selling if prices continue to decline, as some investors unwind leveraged positions to avoid losses. Despite these concerns, experts caution that a rise in unstaked ETH alone does not inherently predict a drastic price decline; however, it could exert ongoing downward pressure if it surpasses demand for ETH in the market.

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