Ethereum stakers are lining up to withdraw their ETH, and this record queue may spell trouble for the coin's recent price surge. As of Friday, the Ethereum validator exit queue reached an all-time high of 855,158 ETH, valued at approximately $3.7 billion. This surge in exit requests comes amid a recent retracement in Ethereum’s price, which has dropped over 3% after nearing an all-time high. Analysts suggest that the growing queue could create sell pressure, especially if staked ETH trades at a discount, influencing loans tied to collateral and ultimately leading to more selling. Although this trend doesn't immediately indicate a market crash, it may exert downward pressure on prices if it overwhelms demand for ETH. The situation has caused analysts to scrutinize the impact on the cryptocurrency's value, especially as new geopolitical uncertainties potentially affect investor sentiment.

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