ETH staking queue surpasses unstaking queue for first time in 6 months

The queue for staking Ethereum (ETH) has surpassed the queue for unstaking for the first time in six months, Cointelegraph reported. Currently, approximately 745,619 ETH is waiting to be staked, while 360,528 ETH is in the unstaking queue. Some market observers are noting the potential for a bullish ETH trend, as similar crossovers have historically preceded price increases.