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Ethereum Unstaking Requests Now Face About a 17-Day Wait

The line is getting longer: Ethereum validators that have put in withdrawal requests following last week's Shanghai upgrade will have to wait upwards of 17 days to get their staked ether (ETH) back, according to data from the blockchain analytics firm, Nansen.

That’s up from about 14 days late last week.

The unstaking request queue consists of some 28,436 validators looking to exit the Beacon Chain. There are a total of 575,359 validators on the Ethereum blockchain, according to analytics firm Nansen, so roughly 5% of validators are choosing to leave Ethereum’s staking process. 

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