🚨 Ethereum Exit Queue to Surge as Kiln Pulls Validators

The Ethereum validator exit queue is set to jump, but analysts say no big sell-off is coming.

👉 ETH educator Anthony Sassano: Most of this ETH will be restaked with new validator keys, not dumped.

🔑 Why the Exit?

Kiln Finance is exiting all Ethereum validators after a hack at SwissBorg, its staking partner.

Attackers exploited an API flaw, stealing 193,000 SOL (~$42M).

Kiln: The move is a precaution to safeguard client assets.

📊 Quick Stats

Exit Queue: 1.63M ETH ($7B).

Total Staked ETH: 35.5M (≈29% of supply).

Exit Timeline: 10–42 days.

ETH Price: ~$4,306.

⚡ Market View

Unstaking often sparks fear of sell pressure.

But Sassano notes:

“This ETH will be restaked with new keys — not sold.”

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