Ethereum Exit Queue Explodes 72,000% After DeFi Hack Wave
BeInCrypto
A massive surge in Ethereum validator exits follows a record-breaking month of DeFi exploits that cost users $625 million.Summary
The Ethereum validator exit queue grew by 72,000% in two weeks, reaching 433,158 ETH by early May. This trend was primarily triggered by a wave of DeFi exploits, including a significant $292 million breach at KelpDAO, which caused a record $625 million in losses across the sector during April. While the exit queue has spiked, analysts note that the entry queue remains roughly seven times larger, with 3.6 million ETH waiting to stake, suggesting that capital is rotating rather than abandoning the ecosystem entirely.
(Source：BeInCrypto)