Ethereum is experiencing the largest validator exodus in its history, with over 1 million Ether tokens awaiting withdrawal from its proof-of-stake (PoS) network. This increased exit queue, valued at nearly $5 billion, raises concerns about potential sell pressure as many validators may choose to lock in profits following Ether's 72% increase over the past three months. The waiting time for validators to exit has now reached a record of 18 days and 16 hours. Experts suggest that while some are looking to sell, a significant portion of this Ether is expected to remain because institutional investments are absorbing any selling pressure. Institutional interest in Ethereum is indicated by Ether futures, which have open interest nearing $33 billion. Analysts predict strong demand may push ETH to a year-end target of $7,500, with a current 26% chance of reaching $5,000 this month. Comparatively, approximately 737,000 Ether are currently awaiting staking, with an average entry waiting time of about 12 days. Despite the high exit queue, the network remains stable with over 1 million active validators and a total of 35.6 million Ether staked, representing 29.4% of its total supply.

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