The line is getting longer: Ethereum validators that have put in withdrawal requests following the Shapella upgrade will have to wait upwards of 17 days to get their staked ETH back, cryptauxmargaux reports.
There are a total of 575,359 validators on the Ethereum blockchain, according to, so roughly 5% of validators are choosing to leave Ethereum’s staking process. Validators are responsible for proposing and adding blocks of transactions to the Ethereum blockchain as part of the validation process. In return, they are eligible for rewards of newly minted ETH and a share of associated transactions fees.
According to Niklas Polk, an analyst at Nansen, validators first send a voluntary message to exit, involving a 25-minute wait. Then these validators join the exit queue, which now sits at 11.7 days. Once they move out of this phase, they are faced with a withdrawal delay of about 27 hours. Finally, withdrawals are processed and deposited after another 4.25 days.
In short, this means that if a validator decides to join the exit queue today, it will be 17 days by the time their ETH is returned. On the other hand, partial withdrawals only take about 4.27 days to process and are automatically deposited into validator addresses if their unstaking credentials are set up. A partial withdrawal means the validator is only withdrawing a portion of their staking rewards while keeping their staked ETH in play as part of the validating process.
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