$8.3B worth of ETH lines up for staking on Ethereum

More than $8.3 billion in Ether is currently queued to be staked on Ethereum. As of writing, 3,688,576 ETH is sitting in the network's staking entry queue. By contrast, only 17,921 ETH is waiting to exit via the unstaking queue—about 206x less than the amount queued to stake. The widening gap between staking inflows and outflows is being read by some market watchers as a sign of sustained long-term demand for Ether.