According to Cas Abbé, redeeming stETH requires waiting in the Ethereum unstaking queue, which is currently 16 days long (source: Cas Abbé on X, Aug 17, 2025). According to Cas Abbé, this wait introduces duration risk because if ETH’s price drops sharply during that period, holders are exposed and unable to reposition (source: Cas Abbé on X, Aug 17, 2025). According to Cas Abbé, this immobility is a key risk stETH holders must price in when planning redemptions and trade exits during volatile ETH conditions (source: Cas Abbé on X, Aug 17, 2025).