Ethereum staking deposit surpasses withdrawal for the first time in 6 months, signaling a bullish reversal upon release

2025-12-31 01:29:48

Source: TokenPost Original Title: Ethereum($ETH) Staking Transition… Deposits Outpace Withdrawals After 6 Months Original Link:

Market Status: Reversal of Staking Inflows

The latest on-chain data from the Ethereum network shows that validator deposits have exceeded withdrawals for the first time, reversing the high withdrawal trend that persisted for several months. This is interpreted as a positive signal of restored network confidence.

Currently, the validator deposit queue is approximately 78.83K ETH (about 31.2 billion RMB), while the withdrawal queue stands at 31.21K ETH (about 13.8 billion RMB), with deposit volume reaching 2.5 times the withdrawals. New deposits require waiting more than 13 days to take effect, indicating extremely strong demand.

Institutional Dominance: Large-Scale Staking Influx

Behind the surge in deposits, institutional investors have played a key role. Cryptocurrency firm Bitmine staked 342,600 ETH (about 10.4 billion RMB) in a single day on December 28, as part of preparations for the launch of its validator network MAVAN, scheduled for 2026 in the United States.

These “vault-level” institutional large deposits directly reduce circulating supply, which is favorable for ETH price appreciation.

Network Data: Record High in Locked Amounts

Currently, the active validator count on the Ethereum network is 983,100, accounting for 29.29% of the total ETH supply. The ETH locked in staking is approximately 35.5 million. After the recent Pectra upgrade, the environment for re-staking large assets has been optimized, leading to a significant increase in re-staking activity.

Historical Reference: Validity of Past Signals

Market analysts compare current conditions to similar historical periods. After deposits exceeded withdrawals in June, Ethereum’s price doubled in the short term. ETH is currently maintained at $2,930, and analysts believe that if it can hold above the $3,000 support level and continue the rebound, reaching $4,000 is not impossible.

Key Points

Supply Pressure Relief: Large amounts of ETH are locked, reducing circulating supply
Institutional Confidence Rebound: Large-scale deposits indicate long-term optimism
Historical Benchmark: Periods of deposit outflows often accompany price increases
Technical Support: Upgraded staking mechanism is more convenient, boosting participation

If net inflows continue and technical support persists, ETH is expected to challenge higher price levels.

ETH-0,34%

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ChainWatcher

· 15h ago

Six months of reversal, finally the brothers are starting to recover? The deposit is 2.5 times the withdrawal. How desperate must the data be to turn around... Wait, a 13-day queue? Is it that popular? Oh no, are institutions bottoming out or are they really optimistic? HODLers until now must be making a killing, right?

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BTCRetirementFund

· 15h ago

The deposit queue is so long, it takes 13 days to become effective. This is called supply and demand imbalance. Institutions are lying in wait, while retail investors are still debating whether to buy or not. The use of the word "reversal" is interesting; those who ran away before are now coming back to buy in. A 2.5x gap, and the confidence has indeed grown. Wait a minute, will these new funds come in and cause a sell-off again...

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CoffeeNFTrader

· 15h ago

Oh my, is this the signal of a bottom rebound? The institutions have long been laying in wait. --- 780,000 ETH waiting to enter the market. This wave is really about to take off. --- Something's off. Such little withdrawal? Are the big players accumulating? --- It takes 13 days to become effective... No wonder the queue is so long, you need to be very confident to do this. --- A 6-month reversal. The panic sellers from before must be regretting a lot. --- A 2.5x gap. These numbers are quite impressive. --- Institution-led... Sounds like the funding chain is getting stronger and stronger. --- Deposits are surging, it seems everyone is starting to trust ETH. --- Wait, does this mean the bottom has already been established?

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MEVSandwichVictim

· 15h ago

Finally a reversal, I told you so, the institutions have already quietly entered the market Deposit queue waiting for 13 days? How urgent must it be, too much money with nowhere to go 780,000 ETH waiting to enter, only 310,000 withdrawals, a 2.5x gap... this must be what a bottom feels like Honestly, looking at these data points, I’m a bit worried, could there be some kind of trick again Staking yields are so attractive, no wonder big players are rushing to get on board I heard that institutions have already started their布局, while retail investors are still hesitating But waiting 13 days for deposits is a bit outrageous, is this a real demand or some manipulation? It seems this wave is indeed different, at least not as bleak as the past few months

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RebaseVictim

· 15h ago

Finally reversed, this wave is indeed quite interesting Wait, are institutions bottoming out? 780,000 ETH waiting to enter I'm still a bit skeptical about staking, feels like a game of manipulation What does a six-month reversal mean? The previous wave of cutting leeks isn't over yet Really? So many people waiting to deposit, are they going to pump the market again?

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