According to @EmberCN, the Ethereum PoS staking exit queue has cleared with no pending withdrawals, indicating no active redemption pressure at this time source: validatorqueue.com via @EmberCN on X. The staking entry queue now exceeds 1.186 million ETH following large deposits attributed to BitMNR, including 768,000 ETH over the past 10 days and 593,152 ETH over the past 8 days source: @EmberCN citing validatorqueue.com. From mid-September when ETH price neared 4700 dollars, about 2.66 million ETH requested to exit staking, and after roughly three and a half months only about 80,000 remain while ETH declined around 34 percent to approximately 3100 dollars source: @EmberCN on X. Net flow has flipped positive with staking entries far exceeding exits at present, reflecting current on-chain queue dynamics source: validatorqueue.com via @EmberCN on X. Traders can monitor validatorqueue.com for real-time validator activation estimates to time when the pending deposits transition to active validators source: validatorqueue.com.

According to Onchain Lens, Bitmine deposited a further 186,336 ETH, valued at approximately $604.5 million, bringing its total staked holdings to 779,488 ETH worth about $2.52 billion. Source: Onchain Lens on X, Jan 5, 2026; Arkham Intelligence entity page intel.arkm.com/explorer/entity/bitmine. Onchain Lens also noted an earlier tranche of 49,088 ETH worth about $152.7 million, with Bitmine's total then at 593,152 ETH worth roughly $1.85 billion, before the latest addition. Source: Onchain Lens on X; Arkham Intelligence entity page intel.arkm.com/explorer/entity/bitmine.

According to @MilkRoadDaily, a new X thread compiles ongoing analysis of the Ethereum (ETH) Treasury Flywheel for traders. Source: @MilkRoadDaily on X, 2025-08-23. Actionable data to monitor: - ETH share of DAO and protocol treasuries and rotations into or out of ETH; data available via DeepDAO treasury dashboards and Etherscan labeled wallets. Source: DeepDAO; Etherscan. - Net ETH staking deposits and validator activation/exit queues to assess supply absorbed by staking; data available via Beaconcha.in and Dune Analytics community dashboards. Source: Beaconcha.in; Dune Analytics. - L2 sequencer fee revenues in ETH and treasury movements that can create potential sell-pressure windows; data available via L2BEAT and official project transparency reports. Source: L2BEAT; Arbitrum/Optimism/Foundation disclosures. - On-chain exchange netflows for ETH and large transfers from DAO wallets to exchanges as rebalancing signals; data available via Glassnode and CryptoQuant. Source: Glassnode; CryptoQuant. - ETH derivatives funding rates and options basis around treasury activity to align spot and derivatives positioning; data available via Deribit and Binance market data. Source: Deribit; Binance.