Ethereum (ETH) has experienced its strongest third quarter in history, marked by over one million daily transactions sustained for the past three months. The network's robust activity is accompanied by soaring price action, with ETH trading around $4,409 and showing potential for a breakout toward new all-time highs. This quarter has also seen billions of dollars flowing into staking and decentralized finance (DeFi) platforms. Concurrently, the ETH unstaking queue has reached a record $3.8 billion, with a 15-day waiting period primarily driven by major staking services including Lido Finance, EtherFi, and Coinbase. Notably, a large whale investor recently swapped 4,242.4 staked ETH (stETH) for 4,231 ETH, incurring a loss of 11.4 ETH (approximately $50,500), before depositing the tokens to Kraken for sale.