The number of ETH waiting to be unstaked has increased to nearly 620,000

By: odaily.com|2025/07/23 15:51:55

Odaily News According to the monitoring of Ai Yi, an analyst on the chain, the number of ETH waiting to be unstaked has increased to nearly 620,000, with a net redemption of 271,000. On-chain data shows that in the past week, two wallets of HTX have redeemed a total of 110,000 ETH, with a total value of over $400 million. Other institutions such as Abraxas Capital Mgmt have also carried out pledge redemption.

In the context of a tightening funding environment and an extended token issuance cycle, pre-TGE trading activity is evolving from scattered attempts into a "1.5-level market" that connects the primary and secondary markets, gradually becoming an undeniable independent market layer within the crypto industry.

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