Ethereum Price Drops 20% as Staking Queue Surges Past 2.1M ETH

TLDR: Ethereum has dropped 20% in two weeks, testing the $3,800–$3,900 support zone. ETH RSI is at its lowest since April, when it rallied 134% within two months. Over 2.1M ETH are queued for withdrawal with a 37-day average wait time. 198k ETH remain in line to stake, suggesting ongoing network participation despite low yields. [...]

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