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Foresight News reports that, according to The Block, the number of Ethereum validators exiting the queue has risen to approximately 671,900 ETH, valued at about 3.1 billion USD, with a notable increase in recent unstaking demand. The current amount of ETH waiting to exit far exceeds new staking demand, with an estimated processing time of about 12 days. Analysis indicates that factors such as the unwinding of leveraged staking cycles, LST decoupling risks, and arbitrage are driving a large amount of ETH unstaking, with Lido, EthFi, and a certain exchange being the main sources of unstaking. Additionally, some validators may adjust their holdings in advance to respond to potential new products due to the SEC's clarification on staking compliance.