UPDATE: Ethereum’s validator entry queue has surged past 4 million $ETH with wait times exceeding 70 days, while the exit queue remains near zero, signaling strong staking demand.

FUD vs Reality: Binance shows no signs of stress. Reserves hold near 659K BTC, netflows remain normal, and reserve movement sits at just 0.6%, nowhere close to the -12% panic withdrawals seen post-FTX.