Preston Van Loon

Validator Consolidations Reduce Count While Raising Total ETH Staked

The validator count is down and total ETH staked is up. This is a feature, not a bug. Consolidation means exiting one validator and transferring its whole balance to another validator. Validators validator consolidations improve withdrawal times, state management, and validator effectiveness. The validator count (in isolation) is not any indicator of some *scary event* of which could be considered useful information for trading.