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The number of Ethereum validators has fallen back to the levels of April 2024, with the waiting time for exiting the queue reaching a historical high.
According to Deep Tide TechFlow news on November 13, monitored by DefiantNews, the number of Ethereum validators has fallen back to the levels of April 2024, while the waiting time for exiting the queue has reached a new historical high.
This is the first time since Ethereum transitioned to a proof-of-stake mechanism that the daily active validators have experienced such a large-scale and sustained decline.