Celsius withdrawals force Ethereum validators to wait several days for stake release

The exit queue for Ethereum validators surged to over 16,000 on Friday, compared to just 26 the day before. on blockchain data At validatorqueue.com. The queue represents over $1 billion of staked ETH at current prices, but due to large balances it can take up to 5.6 days for that ETH to get back into depositors’ hands.