Ethereum Staking Exodus: LRT Duration Mismatch Sparks 18% Withdrawal Queue Spike

2026-11-06, FP360 — Ether slid 3.2% to $2,680 as staked ETH withdrawals jumped 18% to 142,000 ETH, driven by liquid restaking tokens (LRTs) facing duration mismatches between instant redemption promises and Ethereum's 9-day exit queue. The mismatch has forced LRT protocols to sell spot ETH to meet redemptions, amplifying selling pressure and thinning liquidity.

The Signal: Bearish ETH near-term as LRT redemptions force spot selling; watch $2,600 support.

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Originally published on FINPULSE 360