TechFlow news, January 3rd, according to Cointelegraph, after Ethereum treasury company Bitmine deposited an additional 82,560 ETH into the Ethereum staking system, its total staked ETH has increased to 544,064, valued at approximately $1.62 billion at current prices. Due to Bitmine's recent accelerated staking, the current Ethereum validator queue has grown to about 977,000 ETH, with new validators expected to wait nearly 17 days, and the exit queue for withdrawals exceeding 113,000 ETH. Ethereum network data shows that over 35.5 million ETH have been staked at this stage, accounting for about 29% of the total supply, with an annualized staking yield close to 2.54%.
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