Ethereum price $2,702: next target is $2,775, but 812,887 ETH are queued for the exit

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Ethereum trades at $2,702 on Sunday evening, 2.7 percent below the September high of $2,775.17. At the same time 812,887 ETH sit in the staking exit queue, and the way out takes roughly 22 days including the sweep.The Ethereum price stands at $2,702 on Sunday evening, or 2,399.90 euros, up 0.7 percent over 24 hours. The next target to the upside is no estimate. It is a level taken from Ether's own chart: $2,775, the high of 22 September, and therefore only 2.7 percent away. The question this weekend is not whether ETH clears those $73. What decides matters is who will be able to sell at all over the next three weeks, and who will not. Because 812,887 ETH are sitting in the staking exit queue, a good $2.2 billion. Anyone joining that queue today gets their money back in roughly 22 days. This is a hard liquidity question for every European investor who holds ETH in staking and wants to remain able to act before the Glamsterdam upgrade on 4 November. Ethereum price at $2,702: 2.7 p...