The validator queue is quietly building massive buying pressure on ETH. Here's why: anyone staking ETH has to purchase the coin first. Right now, 2.34M ETH sits in that entry queue waiting to be activated—that's billions of dollars worth of forced buying happening behind the scenes. Once staked, this ETH gets locked up for extended periods and removed from circulation on exchanges. This isn't some market speculation or trading theory. It's baked directly into the protocol. These are hard illiquidity mechanics, not soft suggestions. The sheer volume stuck in the queue represents a structural floor under ETH's supply dynamics that most market participants aren't accounting for.