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Post #2746
@alpha_updates
Alpha updates. 🪓
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Ethereum unstaking queue just exploded to all-time highs 🚨 We’re now seeing 3x more exits than the FUD peak of last August. Why? A major security incident forced staking provider Kiln Finance to exit ~700k ETH after an API breach tied to SwissBorg. Should we be worried? 👀 No, most of this ETH won’t be sold, it will simply be re-staked with new validator keys. So ignore the FUD and chill..