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Exit queue reaches a high of $12 billion, Ethereum PoS is under pressure: What happened?

Source: CoinWorld
This week, Ethereum’s total staking value (TVS) fell by 150,000 ETH, mainly because Kiln withdrew 1.6 million ETH after SwissBorg was hacked, accounting for 61% of the exit queue (surged to 2.63 million ETH). With the pledge annual interest rate (APR) falling to an all-time low of 2.84%, funds are turning to higher-yield DeFi opportunities, such as Pendle, whose annual interest rate is about 5.4%, driving Ethereum’s total lock-in value (TVL) to a four-year high of $97 billion.
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